Nestled in the heart of Takanini on 29 Hollowout Street, this freehold property is a gem in the residential market. Constructed in 2017 with a mix of materials for the walls and iron for the roof, the house stands in good condition both inside and out. It spans across a level contour with a floor area of 127 square meters on a land area of 191 square meters. The modern layout boasts 3 bedrooms, with 2 bathrooms including an ensuite, and a separate toilet. The capital value has seen a rapid increase from $710,000 in 2017 to $850,000 as of June 2021, reflecting a growth of 19.72%. The property's HouGarden AVM is set at $790,000, while the latest sales were recorded at $740,000 in 2020 and $506,000 in 2016.
As for the government valuations, the property has shown consistent growth. The recent increase in CV underscores the investment potential of this property in a sought-after location. The quiet cul-de-sac adds to the appeal, ensuring a peaceful living environment. The building's well-maintained state and the ease of care make it a desirable option for any homeowner.
Education is a key highlight with the property being in the zone for Papakura Intermediate, Papakura High School, and Takanini School, all with a decile rating of 1. This indicates a high standard of education in the area. The property's strategic location near amenities, coupled with the efficient public transport network, makes it an even more attractive proposition.
Updated on July 05, 2024