Nestled in the heart of Papatoetoe, Auckland, this charming 3-bedroom, 2-carpark dwelling on a freehold 629 sqm corner site is a gem that's set to appreciate. Constructed in 1973 with robust brick walls and tiled roofing, the property boasts a well-maintained structure and a level contour, ideal for family living or future development. The capital value has seen a remarkable increase of 55%, from $600,000 in 2017 to $930,000 as of June 2021, with the HouGarden AVM estimating it at $907,500. The latest sales history shows a property sold for $350,000 in 2008 and $205,000 in 2003, indicating a steady rise in value. Educationally, the property falls within the decile 2 zone, served by Kedgley Intermediate, Aorere College, and Papatoetoe South School, ensuring quality education for the family.
With a floor area of 102 sqm, the residence offers cozy living and dining spaces, three comfortable bedrooms, a family bathroom, and an additional toilet. The expansive, fully fenced section features a generous double garage, catering to all your storage and parking needs. This property, with its broad street frontage and potential for further development, is a golden opportunity in the making, especially with the proposed URBAN zoning under the Council's MDRS changes.
Located in a quiet cul-de-sac, the property is close to amenities, arterial routes, public transport, parks, and top-notch schools, making it an attractive prospect for families and investors alike.
Updated on July 24, 2024