Nestled on a spacious 1148m2 freehold section, this charming 3-bedroom, 1-bathroom residence at 98 Wallace Road, Papatoetoe, Auckland, is a gem in a sought-after location. Constructed in 1951 with brick walls and tiled roofing, the property boasts an average condition both inside and out, with a level contour that adds to its potential. The living space spans approximately 168sqm, providing a separate kitchen, dining area, and a generous lounge. The property has seen a significant Capital Value increase of 56.5% from $1,230,000 in 2017 to $1,925,000 as of 2021, reflecting its investment appeal. The HouGarden AVM estimates the property at $1,907,500, while the latest sales history shows a progressive value increase from $475,000 in 2006 to $525,000 in 2011.
For families with school-aged children, the property falls within the zones of Puhinui School (Decile 3), Papatoetoe South School (Decile 2), Papatoetoe Intermediate (Decile 2), and Papatoetoe High School (Year 9-15, Decile 3), ensuring access to quality education. This is an ideal opportunity for developers, investors, or those seeking a character-filled family home with immense potential for renovation and value addition.
Don't miss the chance to transform this property into your dream haven.
Updated on November 13, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.17 km | 5 | 4 | -m2 | 2024 11 06 | $1,005,000 | Council approved | |
 | 0.19 km | 2 | 1 | 83m2 | 2024 10 08 | $290,000 | Council approved | |
 | 0.17 km | 5 | 3 | 181m2 | 2024 10 01 | - | Council approved | |
 | 0.14 km | 5 | 3 | 0m2 | 2024 08 01 | $1,141,000 | Council approved | |
 | 0.20 km | 2 | 1 | -m2 | 2024 07 01 | $597,500 | Council approved |