Nestled in a serene cul-de-sac on 4/42a Carruth Road, this charming residential unit boasts a brick exterior and a tiled roof, constructed in the year 1950. It offers 3 bedrooms, 1 bathroom, a single carpark, and a floor area of 132 square meters. The property is under a Cross-Lease ownership, and it presents a 'lion's share' of the land, perfect for a family with children and pets. The interior is adorned with an open-plan living and dining area, complemented by a sun-drenched patio, and it includes modern updates such as a heat pump and quality insulation.
As for the financials, the capital value has seen a significant increase from $540,000 in 2017 to $660,000 as of June 2021, marking a 22.22% growth. The HouGarden AVM estimates the property at $655,000, while the latest sale was recorded in 1993 at $110,000. This indicates a promising investment opportunity for both homeowners and investors.
Educationally, the property falls within the zones of Papatoetoe Intermediate (Decile 2), Papatoetoe Central School (Decile 4), and Papatoetoe High School (Decile 3), ensuring access to quality education for the family. This combination of comfort, convenience, and potential makes it an ideal choice for those seeking value in their property investment.
Updated on November 06, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.17 km | 5 | 3 | 196m2 | 2024 12 05 | - | Council approved | |
 | 0.07 km | 2 | 1 | -m2 | 2024 12 04 | - | Council approved | |
 | 0.15 km | 2 | 1 | -m2 | 2024 10 25 | - | Council approved | |
 | 0.04 km | 4 | 1 | 170m2 | 2024 08 16 | - | Council approved | |
0.18 km | 4 | 196m2 | 2024 07 12 | $965,000 | Council approved |