21 Papareia Road, Karaka, Auckland - Papakura

Nestled at 21 Papareia Road, Karaka, Auckland, this Residential Dwelling is a paradigm of modern elegance and functionality. Constructed in 2020 with wood walls and an iron roof, both in good condition, this freehold property sits on a levelled contour with a floor area of 267sqm and a land area of 404sqm. The home boasts 6 bedrooms, 3.5 bathrooms, and is equipped with premium amenities including two heat pumps and a central stereo system. The capital value has seen a 30.43% increase from $1,150,000 in 2017 to $1,500,000 as of June 2021, with a HouGarden AVM estimate of $1,435,000. The latest sale was for $1,240,000 in October 2020.

Notably, the property is within the zones of esteemed schools such as Hingaia Primary School (Decile 10) and Rosehill Intermediate, ensuring a quality education for the family. The property's rental potential is estimated at $1,050 - $1,150 per week, making it an attractive investment opportunity.

With a prime location in a sought-after school zone, a meticulously maintained property, and a promising CV growth history, this home is not just a dwelling but a wise investment for the discerning buyer.

Updated on October 23, 2024