Located at 1/67 Redcrest Avenue, Red Hill, Auckland - Papakura, this residential dwelling features 2 bedrooms, 1 bathroom, and an open plan living space, all within an 80m² floor area on a cross-lease title. The property, built in 1988, boasts fibrous cement walls in good condition and an iron roof also in good condition. Despite having no carpark, the level contour of the property and its location in a quiet area make it an attractive option for various buyers.
From its initial government valuation (CV) of $360,000 in 2017 to $570,000 in 2021, the property has seen a significant capital value increase of 58.33%. The latest HouGarden AVM estimates its value at $542,500. Historical sales data reveals a sale for $230,000 in December 2013, following a previous sale for $182,000 in September 2013, indicating a strong growth in value over the years. This property is ideal for renovators, property traders, long-term investors, or first home buyers, with an auction scheduled for 25 March 2024.
Located in a decile 1 school zone, the property offers access to Papakura Intermediate, Papakura High School, and Redhill School, catering to a full range of educational needs from primary through secondary. This makes it a suitable choice for families prioritizing education.
Updated on April 04, 2024.