Located in the serene neighborhood of Papakura, Auckland, 9 Brightwell Street is a gem for developers and families alike. This property boasts 5 bedrooms, 1 bathroom, and no carpark, spread across a floor area of 85 square meters on a generous land area of 711 square meters. The freehold property, built in 1967, features wooden wall construction and tile roofing, both in good condition. The level contour of the property adds to its appeal, making it a prime candidate for multiple housing developments under its residential - vacant land category.
The capital value of this property has seen a significant increase from $590,000 in July 2017 to $950,000 in June 2021, marking a 61.02% growth. The HouGarden AVM estimates its value at $912,500. Recent sales in the area include transactions at $1,000,000 in November 2023 and $1,250,000 in January 2024, indicating a strong market demand. This property is not just a piece of land but a promising investment opportunity.
Education is a priority, and this property does not disappoint. It falls within the school zones of Cosgrove School (decile 1), Papakura Intermediate (decile 1), and Papakura High School (decile 1), catering to all levels of schooling from contributing through intermediate to secondary (Year 9-15). This ensures a range of educational options for families looking to move into the area.
Updated on April 06, 2024.