44/289 Shirley Road, Papatoetoe, Auckland - Manukau

Nestled in a secure gated complex at 44/289 Shirley Road, Papatoetoe, Auckland, this 2-bedroom unit with a carpark presents an ideal investment or first-home opportunity. Constructed in 2004 with iron roofing and wooden walls in good condition, the property offers a floor area of 105 square meters. It boasts a unit title and is set on a level contour, enhancing its appeal. The property has seen a significant Capital Value increase of 14% from $500,000 in 2017 to $570,000 as of June 2021. The HouGarden AVM estimates it at $530,000, while the latest sale was in 2004 for $212,500.

For families, the property falls within the highly sought-after school zones of Papatoetoe Central School (decile 4), Papatoetoe Intermediate (decile 2), and Papatoetoe High School (decile 3). It's a prime location, minutes from the motorway and public transport, and a short walk to Hunters Plaza for shopping convenience. With low body corporate fees of $3,085 per annum, which includes insurance, exterior maintenance, and security gate, this property is perfect for those desiring a low-maintenance rental or first home.

Spread over three levels, the unit features tandem garaging, a ground-floor laundry, a small outdoor courtyard, an open-plan kitchen/dining area, and a deck for outdoor living on the middle level. The top level hosts two double bedrooms with ample wardrobe space and a bathroom. Vacant and ready for occupation, this is a fantastic buy not to be missed.

Updated on July 04, 2024