Nestled on a prime 400sqm freehold section at 45 Fernaig Street, Papakura, Auckland, this well-constructed 1960s family home boasts a charming blend of classic appeal and modern convenience. The 3-bedroom, 1-bathroom residence with a spacious kitchen and recently refreshed interiors is a perfect fit for first-time buyers or savvy investors. The mixed-material exterior and tiled roof reflect the era's craftsmanship, while the property's condition remains good and the roof, average. Notably, the capital value has seen a rapid increase of 28.8% from $590,000 in 2017 to $760,000 as of June 2021. The HouGarden AVM estimates the property's worth at $740,000, and with the latest sales in 2018 and 2015 at $545,000 and $510,000 respectively, this home presents a sound investment opportunity.
For families with school-aged children, the property falls within the zones of Cosgrove School, Papakura Intermediate, and Papakura High School, all rated at decile 1. Convenience is a key feature here, with easy access to local amenities, public transport, and the SH1 motorway, just a 5-minute drive away. The recently revitalized Papakura Town Centre with new additions like Starbucks and the food junction adds further appeal to this property.
Embrace the opportunity to view this property; it's perfect for those considering their first step or final move on the property ladder. With its low-maintenance appeal and a location that can't be beaten, this home is ready to welcome a new owner.
Updated on August 06, 2024