Nestled in the heart of Papatoetoe, Auckland - Manukau, the property at 3/2 Parson Lane offers a modern living experience with its 2 bedrooms, 1 bathroom, and a single carpark. Spanning a floor area of 66 square meters, this residential unit, categorized under 'Residential - Ownership home units', boasts mixed materials for its walls and an iron roof, both in good condition. Built in 2022, it sits on a level contour with a Unit Title ownership type, ensuring a secure investment in a sought-after location.
The property has seen a dynamic financial journey, starting with a capital value of $665,000 as of June 2021. Despite the fluctuating market, the latest HouGarden AVM estimates stand at $637,500. Its sale history underscores its value, with the most recent transaction on January 16, 2024, at $581,497, following a previous sale on June 2, 2020, for $659,000. This trajectory reflects the property's resilience and potential for growth in the bustling Auckland market.
Education is a cornerstone of the Papatoetoe community, and this property falls within the zones of several key institutions. Papatoetoe Intermediate, with a decile rating of 2, caters to intermediate-level students. For secondary education, Papatoetoe High School, also within reach, has a decile rating of 3. Additionally, Papatoetoe East School, serving contributing levels with a decile rating of 2, ensures a range of educational options for families.
Updated on April 06, 2024.