Nestled in a serene cul-de-sac at 62 Ikara Road, Papatoetoe, Auckland, this nearly new, freehold property is a gem in the residential market. The double-storey home boasts three bedrooms, two bathrooms, and a single car park, sitting on a levelled 131sqm of land with a 112sqm floor area. Constructed with a robust iron roof and well-maintained wooden walls, it exudes modern elegance. The property's Capital Value (CV) as of June 2021 is $890,000, reflecting a promising investment with a rapid increase trend. The latest sale in February 2022 was at $950,000, indicating a significant growth percentage and a HouGarden AVM of $830,000, making it an attractive buy below market value.
For families with school-aged children, the property falls within the decile 1 Otahuhu College, decile 2 Papatoetoe Intermediate, and decile 4 Papatoetoe Central School zones, ensuring access to quality education. The motivated vendors are offering this stunning property at a price that's hard to ignore, $141,000 below the CV. It's a perfect blend of comfort, convenience, and potential for capital appreciation.
With its open-concept layout, spacious kitchen, and high-quality fittings, the home invites a warm and luxurious lifestyle. The master bedroom, complete with an ensuite and walk-in wardrobe, is a private sanctuary. Outside, the front deck is ideal for relaxation, complemented by the convenience of parking. Located near the southern motorway, Manukau Shopping Centre, Middlemore Hospital, and Auckland Airport, with two prestigious golf clubs in close proximity, this property is not just a home but a smart investment for the future.
Updated on May 27, 2024