41 Arimu Road, Papakura, Auckland - Papakura

Nestled at 41 Arimu Road, this charming ex-state style dwelling on a freehold title presents a spacious interior with 4 bedrooms and 1 bathroom. Constructed in 1950 with wood exterior walls and tiled roofing, the property enjoys an average condition for both walls and roof. Spanning a floor area of 109 square meters on a levelled 434 square meter section, it boasts a separate laundry, kitchen, and a generous lounge-diner. Notably, the capital value has seen a rapid increase of 42.86% from $560,000 in 2017 to $800,000 as of June 2021. The HouGarden AVM estimates the property at $745,000, while the latest sales were recorded at $270,000 in 2009 and $268,000 in 2006. This property is perfect for families, being in the zone for Papakura Normal School with a decile rating of 3, Papakura Intermediate at decile 1, and Papakura High School, also at decile 1.

Centrally located, the residence is convenient to schools, the town center, and amenities, with enhanced connectivity via trains and buses. Whether you are a first-time homebuyer seeking to establish roots in a desirable area or an investor looking for a steady rental income, this property offers potential and versatility. Its solid structure and potential for renovation make it an attractive option for those seeking a personalized living space.

With a promising combination of convenience, potential, and affordability, this property in a sought-after school zone is an opportunity not to be missed.

Updated on July 02, 2024