Nestled on a spacious 606sqm freehold section at 212 Hillside Road, Papatoetoe, Auckland, this charming 3-bedroom, 2-carpark home built in 1978 boasts a fibrous cement exterior and a robust tile roof in good condition. Inside, the potential for comfort and convenience is clear, with a floor area of 103sqm, and a centrally located bathroom accompanying the generous bedrooms. The property has seen a significant Capital Value (CV) increase of 32.76% from $580,000 in 2017 to the current $770,000 as of June 2021. The HouGarden AVM estimates the property's worth at $715,000, while the latest sales history shows a progression from $240,000 in 2004 to $300,000 in 2011, indicating a promising investment opportunity.
With a property contour of steep rise and a zone designated for increased density, this home holds potential for future development. It is within the decile 2 school zones of Kedgley Intermediate, Aorere College, and Papatoetoe South School, ensuring quality education options for the family. The vendors are highly motivated, offering an attractive 6-month settlement period to the right buyer, making this an ideal choice for those seeking a blend of comfort, convenience, and growth potential.
Located in a quiet cul-de-sac, the residence is close to amenities, arterial routes, public transport, parks, and the esteemed school network. This property is set to go under the hammer on June 12th, 2023, unless sold prior, presenting a golden opportunity for both investors and homebuyers.
Updated on June 13, 2024