Nestled at 72 Wood Street, Papakura, Auckland, this Freehold property boasts a charming 1940s brick construction with a tiled roof. It features 3 bedrooms, 1 bathroom, and a generous 90 square meters of floor area, all set on a spacious 615 square meter section. The property has seen a significant Capital Value increase of 34%, from $500,000 in 2017 to the current $670,000 as of June 2021. The HouGarden AVM estimates it at $612,500, while the latest sale history shows a jump from $240,000 in 2002 to $430,000 in 2008.
For investors and businesses, the property's Business-Metropolitan Centre zoning presents immense potential, with high visibility and easy access, being right across from the Papakura Train Station. The schools in the area, including Papakura Central School, Rosehill Intermediate, Rosehill College, and Opaheke School, have varying deciles and cater to different educational levels, adding to the property's appeal for families.
With excellent street exposure and accessibility, this property is not just a prime commercial opportunity but also a golden investment in a rapidly appreciating area with promising long-term growth prospects.
Updated on December 05, 2024