Nestled in the serene cul-de-sac of Carruth Road, this charming residential unit boasts 3 bedrooms, 1 bathroom, and a single carpark. Constructed in 1960 with robust brick walls and tiled roofing, the property stands on a level contour with a well-maintained exterior. It is held under a Cross-Lease title, ensuring a secure and shared ownership experience. The interior offers a blend of comfort and elegance, where the open-plan dining area and thoughtfully designed kitchen and lounge promise functionality alongside warmth.
As for its financials, the property has seen a significant Capital Value (CV) increase of 21.43% from $560,000 in 2017 to $680,000 as of June 2021. HouGarden's AVM estimates the value at $685,000, closely aligning with the latest sales of $670,000 in March 2021 and $620,000 in February 2021. These figures reflect a promising investment opportunity in the Papatoetoe neighborhood.
Educationally, the property falls within the zones of Puhinui School (Decile 3), Papatoetoe Intermediate (Decile 2), and Papatoetoe High School (Decile 3). Proximity to these institutions not only simplifies the school run but also ensures access to quality education. Centrally located, the property is convenient to amenities, motorways, and just a 10-minute drive to the Auckland International Airport, making it an ideal choice for those seeking connectivity and convenience.
Updated on September 20, 2024