Nestled in a quiet cul-de-sac at 1/19 Cambridge Terrace, Papatoetoe, Auckland, this 1940s Art Deco home boasts a charming design with 3 bedrooms, 1 bathroom, and a single carpark. Constructed with stone walls and an iron roof, this residential dwelling with a cross-lease title sits on an easy-to-moderate rise contour. The property, requiring renovation, presents a unique opportunity for investors and DIY enthusiasts, with a floor area of 90 square meters and a generous backyard, perfect for transformation into a modern masterpiece. Notably, the capital value has seen a significant increase of 23.21% from $560,000 in 2017 to $690,000 as of June 2021, with a HouGarden AVM estimate of $685,000. The latest sales history includes transactions in 1991 for $94,000 and in 1989 for $90,000.
For families, the property falls within the decile 2 Papatoetoe South School and Papatoetoe Intermediate, and the decile 3 Papatoetoe High School zones, ensuring quality education options within walking distance. This property is ideal for those seeking a renovation project in a prime location, with the potential to create their dream home while enjoying the convenience of being minutes away from public transport, schools, and local amenities.
Attention is drawn to the auction on Wednesday 27 November 2024 at 10:00AM, where this property with immense potential will be up for grabs. Don't miss the chance to turn this classic into a contemporary haven!
Updated on November 29, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.17 km | 2 | 1 | 124m2 | 2024 10 25 | - | Council approved | |
 | 0.15 km | 3 | 1 | 81m2 | 2024 08 20 | $725,000 | Council approved | |
 | 0.15 km | 5 | 4 | 225m2 | 2024 07 09 | - | Council approved | |
 | 0.13 km | 2 | 1 | -m2 | 2024 07 01 | $597,500 | Council approved | |
0.14 km | 3 | 1 | 94m2 | 2024 06 21 | $850,000 | Council approved |