Welcome to 2/99 Station Road, Papatoetoe, a charming residential unit with a strong potential for investment. This property, built in 1976 with concrete walls and tiled roof, is in good condition and offers 2 bedrooms, 1 bathroom, and a single car internal garage. It stands on a level contour with a floor area of 97sqm, under the Unit Title ownership. The capital value has shown a significant increase of 26% from $500,000 in 2017 to the current $630,000 as of June 2021. The HouGarden AVM estimates the property at $602,500, while the latest sale was recorded at $550,000 in August 2022.
From a valuation perspective, this property has a promising history with a clear trend of capital value growth. The recent sale history also indicates a positive market sentiment. This is a perfect opportunity for investors or families looking for a home in a convenient location with good schools. The nearby schools, Kedgley Intermediate, Aorere College, and Papatoetoe West School, are all rated with a decile of 2, reflecting a good standard of education in the area.
Station Road is a quiet cul-de-sac, providing a peaceful living environment. The property is close to amenities and public transportation, offering a comfortable and convenient lifestyle. Don't miss the chance to secure this brick and tile beauty as your dream home or investment.
Updated on May 02, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.11 km | 4 | 1 | 100m2 | 2024 12 20 | - | Council approved | |
 | 0.05 km | 3 | 1 | 220m2 | 2024 10 01 | $1,351,000 | Council approved | |
 | 0.12 km | 5 | 2 | -m2 | 2024 09 24 | - | Council approved | |
0.17 km | 3 | 5 | 230m2 | 2024 08 09 | $1,360,000 | Council approved | ||
 | 0.22 km | 3 | 1 | -m2 | 2024 08 01 | $762,000 | Council approved |