Nestled on an elevated, sunlit freehold section at 18 Mclean Avenue, Papatoetoe, Auckland, lies this charming 4-bedroom, 2-living family home, with a self-contained granny flat. Constructed in 1960 with wood walls and an iron roof, this property boasts a floor area of 130sqm and is set on a generous 948sqm of land. The CV has seen a rapid increase of 42.86% from $910,000 in 2017 to $1,300,000 as of June 2021. The HouGarden AVM estimates the property at $1,210,000, making it an attractive investment at 25% below the current CV. The latest sale was in 2019 for $808,000, demonstrating significant growth from the 2011 sale price of $300,000.
With a property contour that offers an easy to moderate fall, this residence includes modern amenities such as a heat pump, spa pool, and solar panels. The excellent school zone includes Papatoetoe Intermediate, Papatoetoe High School, and Papatoetoe West School, all within a decile range of 2 to 3. The location is conveniently situated 2km from motorway access and a short 4-minute drive to Papatoetoe Train Station, Hunter's Plaza, and Middlemore Hospital.
This property is perfect for those seeking a home with income potential, a peaceful cul-de-sac setting, and within a highly regarded school network. Don't miss the opportunity to secure this rare gem!
Updated on May 15, 2024