Nestled on a freehold site at 86 Settlement Road, Papakura, Auckland, this 1960-built residence boasts a capital value that has surged by 31%. The property, with a floor area of 167sqm and land area of 514sqm, features 3 bedrooms, and is complemented by mixed-material walls and a tiled roof in average condition. The recent HouGarden AVM estimates the property at $852,500, while the latest sales history shows transactions at $295,000 in 2009 and $343,000 in 2007. This home is perfect for those valuing privacy and convenience, with a remote-operated gate and a fully fenced backyard.
From a valuation perspective, the property has seen its CV jump from $650,000 in July 2017 to $850,000 as of June 2021. This indicates a promising investment with a steady growth trajectory. The quiet cul-de-sac location adds to the appeal, ensuring a peaceful living environment.
For families with school-aged children, the property falls within the zones of Kelvin Road School, Papakura Intermediate, and Papakura High School, all rated at decile 1. This provides access to a consistent and quality education system.
Updated on September 10, 2024