2/5 Onslow Road, Papakura, Auckland - Papakura

Nestled in the heart of Papakura, this charming 2-bedroom, 1-bathroom residence with a cross-lease title presents an opportunity for both first-home buyers and investors. Constructed in 1972 with solid concrete walls and a tiled roof, the property boasts an average condition throughout. Spacious at 65 square meters, the floor area allows for an open-concept living that bathes in natural light. The property sits on a level contour, offering ease of access and a tranquil environment. Notably, the capital value has seen a rapid increase of 44.19% from $430,000 in 2017 to $620,000 as of June 2021. HouGarden AVM estimates the property's worth at $622,500, while the latest sale was recorded at $490,000 in September 2023, signifying the investment potential.

For families with school-aged children, the property falls within the zones of several reputable schools, including Papakura Intermediate and High School, both with a decile rating of 1, indicating a high standard of education. Rosehill Intermediate and College are also within reach, rated at deciles 3 and 5 respectively, alongside Opaheke School, a full primary with a decile rating of 4. This, combined with the property's low maintenance, road frontage, and modern kitchen and bathroom amenities, makes it an attractive package for those seeking a convenient and comfortable lifestyle.

With a private outdoor space perfect for entertainment and a parking space that adds to the practicality, this property is not just a home but a smart investment in a rapidly appreciating area. Don't miss the chance to secure this well-maintained property in a sought-after location, priced at $590,000.

Updated on September 09, 2024