Nestled in the heart of Papatoetoe on 29 Hamilton Road, this residential vacant land holds immense potential for any investor or developer. The 3-bedroom house, built in 1940 with fibrous cement walls and tiled roof, sits on a freehold property of 809m2. The capital value has seen a 30.56% increase from $900,000 in 2017 to $1,175,000 in 2021. The property, with a floor area of 111m2, excluding the garage, and an average condition roof and walls, offers a spacious garage and additional storage. The latest sales history shows transactions at $398,000 in 2010 and $380,000 in 2009, while the current HouGarden AVM estimates it at $1,145,000. This property falls within the decile 2 Papatoetoe Intermediate and decile 3 Papatoetoe High School zones, with Papatoetoe East School also nearby, making it an ideal location for families.
With its vast land area, this property presents a golden opportunity to create your dream home in a thriving community. The convenient location, with easy access to public transport and major highways, ensures a comfortable lifestyle with all amenities at your fingertips.
Education is a key highlight, with the property being in the sought-after school zones of Papatoetoe East School, Papatoetoe Intermediate, and Papatoetoe High School, all catering to diverse educational needs and offering a solid foundation for learning.
Updated on July 19, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.07 km | 3 | 1 | 80m2 | 2024 10 01 | $703,000 | Council approved | |
 | 0.24 km | 2 | 1 | -m2 | 2024 09 01 | $712,000 | Council approved | |
 | 0.24 km | 5 | 3 | 215m2 | 2024 08 28 | - | Council approved | |
 | 0.19 km | 3 | 1 | 130m2 | 2024 07 31 | $1,575,000 | Council approved | |
 | 0.22 km | 5 | 214m2 | 2024 07 15 | $1,036,000 | Council approved |