Nestled in a serene cul-de-sac on 1/82 Swaffield Road, Papatoetoe, Auckland, this 1960-built residential dwelling with a cross-lease title boasts 3 bedrooms, 1 bathroom, and a single carport. The 90sqm floor area is complemented by a well-maintained fibrous cement exterior and a robust tile roof. The property has shown a Capital Value (CV) increase of 31.18% from $465,000 in 2017 to $610,000 as of June 2021. The latest HouGarden AVM estimates the property at $582,500, while the last sales were recorded at $116,000 in 2000 and $115,000 in 1998.
With a CV growth that outpaces the market average, this home has been a solid investment for the family. Its prime location, with easy access to Middlemore Hospital and the nearby train station, ensures convenience for medical professionals and commuters alike. The property's contour is level, and it's set within a nicely fenced section, providing security and privacy. It's a perfect blend of urban convenience and suburban tranquility, with shopping amenities and motorways just a short drive away.
For families with children, the property falls within the sought-after school zones of Papatoetoe West School (Decile 2), Papatoetoe Intermediate (Decile 2), and Otahuhu College (Decile 1), ensuring access to quality education. This home offers a golden opportunity to join a highly desirable community and provides a promising investment for both first-time buyers and astute investors.
Updated on May 01, 2024