Nestled in the heart of Papatoetoe on Gray Avenue, this Freehold property boasts a 3-bedroom, 2-carpark layout with a floor area of 105 sqm on a spacious 670 sqm section. The home features roughcast walls in good condition and an iron roof with average condition, set on a contour with an easy/moderate rise. Since 2017, the Capital Value (CV) has seen a substantial increase of 57.14%, reaching $1,100,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,025,000, while the latest sale history shows a significant leap from $380,000 in 2012 to $1,270,000 in 2021, indicating a prime investment opportunity.
For families, the property falls within the decile 2 school zones of Papatoetoe North School, Kedgley Intermediate, and Aorere College, ensuring quality education for all ages. This property not only offers a serene living environment in a quiet cul-de-sac but also presents a developer's dream with potential for further projects, subject to council approval.
With its prime location, just moments away from Middlemore Hospital, Train Station, and local townships, this property is a golden opportunity not to be missed. Don't let time slip by - this could be the home you've been waiting for.
Updated on June 28, 2024