18 Ranfurly Road, Papatoetoe, Auckland - Manukau

Nestled on a serene cul-de-sac at 18 Ranfurly Road, Papatoetoe, Auckland, this freehold property is a gem for investors and families alike. With a spacious floor area of 200sqm, it encompasses five bedrooms, ample parking for three cars, and is set on a generous 809sqm section. The residence boasts a mix of wall materials and a tiled roof, both in average condition, creating a charming and solid structure. Currently tenanted by reliable occupants, it presents an effortless investment opportunity.

Since 2017, the property's Capital Value has seen a significant increase of 21.68%, reaching $1,375,000 as per the latest government valuation. The HouGarden AVM estimates it at $1,179,500, while the latest sale history shows a price of $455,000 in 2012, indicating a promising growth trend. This is a property where the value is only set to appreciate.

For families with school-aged children, the property falls within the zones of Puhinui School, Papatoetoe Intermediate, and Papatoetoe High School, all highly regarded educational institutions. The schools are rated with a decile score of 3 for Puhinui and Papatoetoe High, and a score of 2 for Papatoetoe Intermediate, ensuring quality education is within easy reach.

Updated on October 22, 2024