Nestled in the highly sought-after Papatoetoe area is this prime piece of real estate, a 3-bedroom, 2-carpark gem on a freehold title. Constructed in 1950, the solid brick and tile home is in good condition, both inside and out, with a well-maintained roof and walls. The property, located at 269 Shirley Road, sits on a level 869 square metre section and offers a floor area of 134 square metres. The capital value has seen a significant increase, rising from $880,000 in 2017 to the current $1,425,000 as of 2021, reflecting a growth rate of 61.93%. The HouGarden AVM estimates the property's worth at $1,327,500, while the latest sales history shows a progression from $446,000 in 2006 to $492,000 in 2007.
For families, the property falls within the zones of Papatoetoe West School (Decile 2), Papatoetoe Intermediate (Decile 2), and Papatoetoe High School (Decile 3), ensuring access to quality education. The location is not only convenient for schooling but also for shopping and commuting, with Hunters Plaza, Old Papatoetoe, and the Papatoetoe Train Station all within easy reach.
With a heat pump for year-round comfort and endless possibilities for development on this Residential-Mixed Housing Urban zoned land, this property presents an opportunity not to be missed. Make this prime Papatoetoe address your new home or investment today!
Updated on July 05, 2024