98 Wallace Road, Papatoetoe, Auckland - Manukau

Nestled on a spacious 1148m2 freehold section, this charming 3-bedroom, 1-bathroom residence at 98 Wallace Road, Papatoetoe, Auckland, is a gem in a sought-after location. Constructed in 1951 with brick walls and tiled roofing, the property boasts an average condition both inside and out, with a level contour that adds to its potential. The living space spans approximately 168sqm, providing a separate kitchen, dining area, and a generous lounge. The property has seen a significant Capital Value increase of 56.5% from $1,230,000 in 2017 to $1,925,000 as of 2021, reflecting its investment appeal. The HouGarden AVM estimates the property at $1,907,500, while the latest sales history shows a progressive value increase from $475,000 in 2006 to $525,000 in 2011.

For families with school-aged children, the property falls within the zones of Puhinui School (Decile 3), Papatoetoe South School (Decile 2), Papatoetoe Intermediate (Decile 2), and Papatoetoe High School (Year 9-15, Decile 3), ensuring access to quality education. This is an ideal opportunity for developers, investors, or those seeking a character-filled family home with immense potential for renovation and value addition.

Don't miss the chance to transform this property into your dream haven.

Updated on November 13, 2024