9 Grande Vue Road, Papatoetoe, Manukau City

Nestled in a leafy cul-de-sac at 9 Grande Vue Road, Papatoetoe, Auckland, this residential property on freehold land boasts 4 bedrooms, 2 bathrooms, and a carpark. Constructed in 1930 with concrete walls and an iron roof, both in average condition, this 130sqm floor area home sits on a flat 1040sqm land. The property's Capital Value (CV) has seen a remarkable increase of 51.11% from $1,125,000 in 2017 to $1,700,000 as of 2021. The HouGarden AVM estimates it at $1,552,500, while the latest sale was for $1,610,000 in 2021, a significant jump from the $175,000 sale in 1995.

For families, the property falls within the zones of Puhinui School (Decile 3), Papatoetoe South School (Decile 2), Papatoetoe Intermediate (Decile 2), and Papatoetoe High School (Year 9-15, Decile 3), ensuring quality education options. This is an ideal opportunity for developers and investors, with resource consent, building consent, and engineer approval to build 8 lots, offering potential for significant returns.

With its convenient location, close to town centre, train stations, shopping strips, and recreational grounds, with easy access to highways 1 and 20, as well as major shopping centres like Manukau Westfield and Hunters Plaza, this property presents a golden chance to secure a valuable asset in a thriving area.

Updated on December 09, 2024