Retreat to a haven of tranquility with this meticulously maintained 2-bedroom, 1-bathroom brick and tile home, set amidst the serene environment of a quiet cul-de-sac. This freehold property, built in 1970, boasts an average condition brick exterior and tiled roof, with a floor area of 60 square meters. The home, with a capital value of $550,000 as of June 2021, has seen a 31% increase since July 2017. It is registered under a Cross-Lease title, offering a low-maintenance lifestyle and potential for high rental yield. The property's highlights include a modern kitchen with quality appliances, conveniently located near Papatoetoe Central School and various recreational amenities.
Notably, the property's HouGarden AVM is valued at $535,000, with the latest sale recorded at $447,500 in May 2020, and an earlier sale at $310,000 in November 2006. This indicates a promising investment opportunity with a capital value growth that speaks volumes about the area's desirability.
For families with educational considerations, this property falls within the zones of Kedgley Intermediate and Aorere College, both with a decile rating of 2, as well as Papatoetoe South School, ensuring quality education is within easy reach.
Updated on August 02, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.09 km | 3 | 2 | 97m2 | 2024 11 29 | $827,000 | Council approved | |
 | 0.01 km | 2 | 1 | 60m2 | 2024 09 24 | - | Council approved | |
 | 0.26 km | 4 | 2 | -m2 | 2024 09 01 | $916,000 | Council approved | |
 | 0.18 km | 3 | 1 | 90m2 | 2024 08 15 | - | Council approved | |
 | 0.27 km | 4 | 3 | -m2 | 2024 08 01 | $1,085,000 | Council approved |