1/29 Takanini Road, Takanini, Auckland - Papakura

Nestled on a serene cul-de-sac in the heart of Takanini, this charming 3-bedroom, 1-bathroom residential dwelling is a gem for both first-time homebuyers and investors. Constructed in 1960 with wood walls and tiled roofing, this cross-lease property sits on a fee simple title with a capital value that has seen a rapid increase of 47.92% from $480,000 in 2017 to $710,000 as of June 2021. The home features a spacious living area, separate dining, and a kitchen with ample storage and a breakfast bar. Outside, a large deck and a fully fenced yard provide an ideal setting for entertainment, while the single lock-up garage with a workshop offers additional convenience. The property is located in a prime school zone, with Takanini School (Decile 1), Rosehill Intermediate (Decile 3), and Rosehill College (Decile 5) all within easy reach. The HouGarden AVM estimates the property's value at $680,000, and with a history of two recent sales in 2011 and 2012, this home presents a promising investment opportunity.

With a floor area of 90 square meters, this well-maintained weatherboard home enjoys an easy/moderate contour and average wall and roof conditions. Its strategic location, close to Great South Road, Takanini train station, and South Gate shopping, ensures convenience and accessibility. The property's latest sale history includes a sale in 2012 for $243,000 and another in 2011 for $202,500, reflecting a consistent capital value growth.

For families with children, the property falls within a highly sought-after school zone. The nearby schools, including Takanini School, Rosehill Intermediate, and Rosehill College, are known for their quality education and contribute to the property's appeal. This is a perfect opportunity to secure a slice of real estate in a thriving community.

Updated on April 24, 2024