Nestled in the vibrant heart of Papatoetoe on 2/116 Wallace Road, this cozy residential property boasts 2 comfortable bedrooms, a single-storey layout, and a charming appeal ideal for small families or investors. Constructed in 1965 with brick walls and tiled roofing, this cross-lease unit offers an open plan living space that invites natural light and a warm ambiance. The property includes a secure carpark and is set on a contour that provides an easy/moderate fall, enhancing the overall tranquility of the surroundings.
With a current Capital Value (CV) of $700,000, this property has shown a significant increase of 18.64% since 2017, reflecting a sound investment opportunity. The HouGarden AVM estimates the property's worth at $670,000, while the latest sale history indicates a promising trend, with a transaction in 2009 at $80,405 and another in 2001 at $145,000.
For families with children, the property falls within the zones of several reputable schools. Puhinui School and Papatoetoe South School, both contributing schools with a decile rating of 3 and 2 respectively, are convenient options. Additionally, Papatoetoe Intermediate and Papatoetoe High School, with decile ratings of 2 and 3, provide a seamless educational pathway. This property not only offers a convenient and serene lifestyle but also a promising future in a sought-after school zone.
Updated on October 25, 2024
ਗਲੀ ਪਤਾ | ਦੂਰੀ | ਕਮਰੇ ਦੀ ਗਿਣਤੀ | ਬਾਥਰੂਮ ਦੀ ਗਿਣਤੀ | ਇਮਾਰਤ ਖੇਤਰ | ਵਿਕਰੀ ਸਮਾਂ | ਵਿਕਰੀ ਕੀਮਤ | ਡਾਟਾ ਸਰੋਤ | |
|---|---|---|---|---|---|---|---|---|
 | 0.17 km | 3 | 1 | -m2 | 2024 ਸਾਲ 11 ਮਹੀਨਾ 26 ਦਿਨ | - | Council approved | |
 | 0.20 km | 3 | 1 | 170m2 | 2024 ਸਾਲ 11 ਮਹੀਨਾ 12 ਦਿਨ | - | Council approved | |
 | 0.08 km | 2 | 1 | 83m2 | 2024 ਸਾਲ 10 ਮਹੀਨਾ 08 ਦਿਨ | $290,000 | Council approved | |
| 0.09 km | 2 | 1 | 83m2 | 2024 ਸਾਲ 10 ਮਹੀਨਾ 08 ਦਿਨ | $290,000 | Council approved | |
 | 0.04 km | 2 | 1 | -m2 | 2024 ਸਾਲ 07 ਮਹੀਨਾ 01 ਦਿਨ | $597,500 | Council approved |