Nestled in the heart of Papatoetoe, this 2-bedroom, 1-carport property on 2/72 Coronation Road offers a prime opportunity for first-time buyers or shrewd investors. Constructed in 1967 with a mix of materials for the walls and tiles for the roof, this residential unit sits on a level contour with average wall and roof conditions. It's a freehold property with a floor area of 159 square meters, boasting a heat pump and a Kent-style fireplace for comfort. The property has seen a CV increase of 19.09%, jumping from $590,000 in 2017 to $700,000 as of June 2021. The HouGarden AVM estimates the property's value at $640,000, while the latest sale was recorded in 1992 for $85,000. This home is in the zone for Papatoetoe West School (Decile 2), Papatoetoe Intermediate (Decile 2), and Papatoetoe High School (Decile 3), ensuring quality education for the family.
With a separate laundry and a fenced backyard, it's perfect for a DIY enthusiast looking to add their personal touch. Situated in a tranquil cul-de-sac, the property is conveniently located near transport, the train station, shops, and schools. Don't miss the chance to transform this property into your dream home or a sound investment in a friendly community.
For buyers seeking a place within an excellent school zone, this property is a gem. The contributing Papatoetoe West School, the intermediate school, and the secondary Papatoetoe High School (Year 9-15) are all within reach, each with a decile rating that reflects a commitment to educational excellence.
Updated on December 13, 2024