Nestled in the tranquility of a quiet cul-de-sac at 8 Paapaka Way, Waiuku, Auckland - Franklin, this freehold property boasts a modern design with 4 bedrooms, 2 bathrooms, and 2 car parks. Constructed with mixed materials for the walls and tiles for the roof, this 151 square meter home with a floor area sits on a level 400 square meter section. The property, built in 2024, is in good condition both inside and out. The capital value as of June 1, 2021, stands at $820,000, reflecting a promising investment opportunity with a significant increase over the years.
History shows a consistent rise in the government's valuation, with the HouGarden AVM estimating the property's worth at $785,000. Recent sales in the area affirm the growing capital value, making this property a wise investment choice. The home's convenient location provides easy access to the Sandspit Road School and Waiuku College, both rated a decile 6 for their educational excellence.
For families with children, the property falls within a highly sought-after school zone. Sandspit Road School offers a full primary education while Waiuku College caters to secondary students from Year 9 to 15. This, combined with the property's capital value growth potential, makes it an attractive package for both investors and families.
Updated on October 22, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.23 km | 3 | 1 | -m2 | 2024 12 04 | $655,000 | Council approved | |
 | 0.19 km | 4 | 2 | 205m2 | 2024 10 02 | - | Council approved | |
 | 0.15 km | 4 | 2 | 197m2 | 2024 09 11 | $870,000 | Council approved | |
 | 0.11 km | 3 | 106m2 | 2024 09 02 | $572,000 | Council approved | ||
 | 0.22 km | 3 | 2 | -m2 | 2024 07 01 | $740,000 | Council approved |