Located at 1/4 Thorn Place, Papatoetoe, Auckland - Manukau, this residential ownership home unit is a prime opportunity for renovation enthusiasts. With 2 bedrooms, 1 bathroom, and 1 carpark, the property spans a floor area of 88m². Constructed in 1977, it features concrete walls in good condition and an iron roof rated as average. The property, on a level contour, is a Cross-Lease title and boasts both a front and rear yard, along with an attached carport.
From a financial perspective, the capital value of the property has seen a significant increase, from $440,000 on July 1, 2017, to $570,000 on June 1, 2021, marking a 29.55% growth. The latest HouGarden AVM estimates the property's value at $557,500. The last sale recorded was on September 10, 1990, for $86,000. This unit, described as 'tired but tidy,' is ready for a transformation to unlock its full potential.
In terms of education, the property falls within the zones for Papatoetoe Intermediate (decile 2), Papatoetoe High School (decile 3), and Papatoetoe East School (decile 2), offering a range of options for families with school-age children. This location combines the convenience of nearby amenities with the potential for a personalized renovation project.
Updated on March 21, 2024.