Nestled in a serene cul-de-sac at 67 Kenderdine Road, Papatoetoe, Auckland, this freehold property, built in 1950, boasts 2 bedrooms, 1 bathroom, and 3 car parks. Constructed with wood walls and a fibrous cement roof, which are in poor condition, this 64m2 floor area residence sits on a levelled 726m2 land. The property's Capital Value (CV) has seen a significant increase from $650,000 in 2017 to $810,000 as of June 2021, marking a growth of 24.62%. This is an ideal opportunity for investors or DIY enthusiasts looking to transform this rough diamond into a family home.
With a HouGarden AVM of $775,000, the property has a recent sales history, indicating a promising investment. The government's valuation history showcases a consistent rise in value, making it an attractive prospect for potential buyers. The property's potential is further enhanced by its location, with easy access to transportation and amenities.
For families with children, the property falls within the decile 2 school zones of Kedgley Intermediate, Aorere College, Papatoetoe South School, and Papatoetoe Intermediate, providing a range of educational options. This property offers a golden opportunity to secure a slice of real estate in a sought-after school district.
Updated on October 25, 2024