3/24 Great South Road, Papakura, Auckland - Papakura

Nestled in the heart of Papakura, Auckland, this 1994-built residential unit at 3/24 Great South Road offers a perfect blend of convenience and comfort. The 80 square meter home boasts 3 bedrooms, 1 bathroom, and is set on a level contour with iron roofing and fibrous cement walls in good condition. It comes with a cross-lease title and a private fenced yard, just a stone's throw from local amenities. The property's capital value has seen a 35.42% increase from $480,000 in July 2017 to $650,000 as of June 2021, making it an attractive opportunity for both first-home buyers and investors. The latest sales were recorded at $240,000 in August 2007 and $140,000 in June 1999, while the current HouGarden AVM estimates it at $592,500.

For families with school-aged children, the property falls within the zones of Papakura Normal School (Decile 3), Rosehill Intermediate (Decile 3), and Rosehill College (Decile 5), ensuring access to quality education. This property, priced well under the CV, is not just a home but a readymade investment with a proven rental history of 19 years. Whether you choose to move in or continue letting, it's a chance to stop looking and start living.

Updated on December 14, 2024