3/21 Konini Avenue, Papatoetoe, Auckland - Manukau

Embrace the opportunity to own 3/21 Konini Avenue, a charming 2-bedroom, wood-walled and tiled-roof unit in a serene cul-de-sac of Papatoetoe, Auckland. This 1960-built, cross-lease property boasts a CV of $660,000 as of June 2021, reflecting a 23.36% increase since July 2017. With a floor area of 60 square meters and a carport, it presents an alluring prospect for both first-home buyers and investors. The property, set in a prime location, is a deceased estate set for auction on 15 August 2024, offering immense potential for value addition. It falls within the deciles 2, 3, and 4 for intermediate, high, and contributing schools respectively, ensuring quality education for the family. The HouGarden AVM estimates the property at $640,000, while the latest sale was in 1999 for $138,000. Reasons to fall in love with this property include its solid construction, central location, and renovation potential, all making it a golden investment opportunity in a sought-after area.

Government valuations show a promising trend, with the property's capital value increasing at a notable pace. The recent history of sales and the current AVM reflect a property that's ripe for appreciation. This unit is not just a home; it's a smart investment that's sure to reward those who see its potential.

For families with school-aged children, the property is zoned for Papatoetoe Intermediate, Papatoetoe Central School, and Papatoetoe High School, all of which are well-regarded within the community. The combination of a functional layout, a central location, and a promising school network makes this property a must-consider for those looking to secure a sound investment and a quality lifestyle.

Updated on August 16, 2024