Nestled in a serene cul-de-sac at 9a Arimu Road, Papakura, Auckland, this impressive freehold property boasts a capital value that has seen a growth of 34.87% from $760,000 in 2017 to $1,025,000 as of June 2021. Constructed in 2000 with a mix of materials for the walls and tiles for the roof, both in good condition, this residential dwelling spans across 197m2 floor area and is set on a level 497m2 section. The home features 5 bedrooms, with the master bedroom enjoying an en-suite and walk-in wardrobe, complemented by a large family bathroom. The open-plan living and dining area, with a versatile kitchen, is designed for modern comfort and entertainment, flowing seamlessly to the outdoors. The property is valued at $985,000 by HouGarden AVM, presenting a potential opportunity for investors. Close to local amenities and public transport, this property is not only a haven for families but also an investment with promising returns.
With a history of recent sales and a rising capital value, this property is a gem in the Papakura real estate market. The government's assessment reflects a strong increase in value, indicating a sound investment for the future. The property's freehold status adds to its allure, providing security and flexibility for potential owners.
For families with children, the property falls within the zones of Papakura Normal School, Papakura Intermediate, and Papakura High School, with decile ratings of 3, 1, and 1 respectively. This ensures access to quality education from primary to secondary levels, making it an ideal choice for those who value a good school network.
Updated on October 22, 2024