Nestled in the serene Jennifer Place of Papatoetoe, Auckland, lies this charming residential unit, a perfect blend of classic brick construction and modern comfort. This 2-bedroom, 1-bathroom home with a single carpark on a cross-lease title is graced with a tile roof and a 70sqm floor area, set on a site with an easy/moderate contour, exuding an average condition both inside and out, since its establishment in 1950. The property has seen a significant Capital Value increase of 23.36%, from $535,000 in 2017 to the current $660,000 as of June 2021. The HouGarden AVM estimates it at $640,000, while the latest sales history shows a jump from $87,000 in 1990 to $420,000 in 2015.
With a CV history reflecting strong growth, this property is not just a home but a sound investment. The recent valuation surge indicates a promising future for capital gains. The quiet cul-de-sac location adds to the appeal, ensuring peace and privacy in a family-friendly neighborhood.
For families with school-aged children, the property falls within the zones of Papatoetoe West School (Decile 2), Papatoetoe Intermediate (Decile 2), and Papatoetoe High School (Decile 3), offering a consistent and quality education path. The convenience of this location is further enhanced by its proximity to amenities, parks, and public transport.
Updated on August 02, 2024