141 Tui Road, Papatoetoe, Auckland - Manukau

Nestled on a level plot at 141 Tui Road, Papatoetoe, Auckland, this residential vacant land holds great potential for multiple housing. The freehold property, built in 1954, features average-condition wooden walls and iron roofing. It boasts a floor area of 150 square meters and a generous land area of 809 square meters. The property includes 2 car parks and is situated in a quiet cul-de-sac, ensuring peace and privacy.

With a government valuation (CV) of $1,275,000 as of June 2021, the property has shown a significant increase of 37.1% from its $930,000 valuation in July 2017. The HouGarden AVM estimates the property's value at $1,220,000, while the latest sale record dates back to June 13, 1995, at $175,000, indicating the property's consistent capital value growth over the years.

For families with school-aged children, the property falls within the zones of Papatoetoe Intermediate (Decile 2), Papatoetoe High School (Secondary, Decile 3), and Papatoetoe East School (Contributing, Decile 2), ensuring access to a range of educational facilities.

Updated on October 22, 2024