Nestled in the sought-after Opaheke, Papakura, this 1976-built, 105m2 residential unit with a cross-lease title offers immense potential for first home buyers and investors alike. The two-bedroom, brick and tile home boasts good wall and roof conditions, and a spacious bathroom with a separate toilet. Its open plan living area extends to a sunny courtyard, complemented by a single garage, off-street parking, and a garden shed on a levelled section. With public transport at your doorstep and the train station a short walk away, this property is strategically positioned to benefit from the upcoming Drury retail and residential development. The government's capital value has seen a 38% increase from $500,000 in 2017 to $690,000 as of June 2021, while the HouGarden AVM estimates it at $640,000. This unit is in the zone for Mangapikopiko School (Decile 1), Rosehill Intermediate (Decile 3), and Rosehill College (Decile 5), ensuring quality education for the family.
History shows a promising trend for this property, with a significant capital value growth and a prime location that's perfect for either a first homeowner or busy tenants. It's a renovator's dream, ready to be restored to its former glory and reap the benefits.
Located in a quiet cul-de-sac, this home is an opportunity not to be missed, especially with the convenience of having amenities and transport links right on your doorstep.
Updated on June 12, 2024