1 Pembrook Street, Papakura, Auckland - Papakura

Nestled on a level plot at 1 Pembrook Street, a quiet cul-de-sac in Papakura, Auckland, this residential dwelling boasts a freehold title and a land area of 337 square meters. Constructed in 1960 with wood exterior walls and a mixed-material roof, the property maintains a good condition both in walls and roof. It's a blank canvas ready for your rebuilding dreams, as the previous 3-bedroom home was removed after a fire incident. The site comes with connected underground services, a water meter, and power, which are currently disconnected awaiting project completion. This property is a golden opportunity for the enterprising buyer, with a Capital Value (CV) of $670,000 as of June 2021, and a HouGarden AVM estimate of $665,000.

History shows a promising trend in the property's value, with a significant CV increase over the years. The recent sale history and rapid appreciation percentage indicate a sound investment. This is a fire sale that you won't want to miss, as it presents all offers and must be sold.

For families with school-aged children, this property falls within the catchment area of several schools, including Cosgrove School, Kelvin Road School, Papakura Intermediate, and Papakura High School, all rated with a decile of 1. This indicates a strong community focus on education and a supportive environment for your children's learning journey.

Updated on November 14, 2024