3/10 Mahon Place, Papatoetoe, Auckland - Manukau

Discover your ideal home at 3/10 Mahon Place, Papatoetoe, Auckland - Manukau, a perfect sanctuary for first-home buyers or savvy investors. This residential ownership home unit features 2 bedrooms, 1 bathroom, and 1 carpark, spread across a floor area of 80m². Constructed in 1967 with brick walls and tile roofing, both in good condition, this property promises durability and comfort. The level contour and Cross-Lease ownership type add to its appeal, making it a must-see for those seeking convenience and ease of living.

Since its last sale in 2002 for $130,000, the property has seen a significant increase in capital value, reaching $670,000 by June 2021, marking a 20.72% growth from its 2017 valuation of $555,000. Despite the absence of a land area, the HouGarden AVM estimates its value at $655,000, highlighting its investment potential and the opportunity for capital gains.

Located within the zones of Puhinui School (decile 3), Papatoetoe Intermediate (decile 2), Papatoetoe Central School (decile 4), and Papatoetoe High School (decile 3), this property offers access to a range of educational options, catering to families with children of different ages. The proximity to schools, combined with the property's features, makes it an attractive option for those prioritizing education and community.

Updated on March 21, 2024.