Located at 20 Old Wairoa Road, Papakura, Auckland - Papakura, this residential dwelling boasts 4 bedrooms and spans across a floor area of 111 sqm with a generous land area of 641 sqm. The property, built in 1970, features wood wall construction and tile roofing, both in average condition. It is a freehold property, offering a level contour and is situated in a serene environment. The property is zoned for urban development, with wastewater facilities on-site and stormwater services accessible outside the property, presenting an ideal opportunity for developers or tradespeople looking for a project with endless possibilities for renovation. A single garage is included, enhancing convenience.
From a financial perspective, the capital value of the property has seen a significant increase, from $580,000 on July 1, 2017, to $860,000 on June 1, 2021, marking a 48.28% growth. The HouGarden AVM estimates the property's value at $825,000. The latest sale recorded was on December 1, 1998, for $152,000. This property is not just a home but an investment opportunity with a proven track record of capital value growth.
The property falls within the school zones of Papakura Normal School (Full Primary, decile 3), Cosgrove School (Contributing, decile 1), Papakura Intermediate (Intermediate, decile 1), and Papakura High School (Secondary (Year 9-15), decile 1), offering a range of educational options for families. Its location ensures easy access to all necessary amenities, making it a convenient choice for families and professionals alike.
Updated on April 05, 2024.