Introducing an exquisite north facing renovated home at 61 Clark Road, Pahurehure, Auckland - Papakura. This property, nestled on a sprawling 1,083sqm sub-dividable section, is categorized as Residential - Vacant land multiple housing. The home features four double bedrooms and two bathrooms, with a floor area of 148sqm. The freehold property boasts wood wall construction and tile roofing, both in good condition, dating back to 1970. The land contour presents an easy/moderate fall, ideal for development or enjoying as is.
Since 2017, the capital value of this property has seen a significant increase from $780,000 to $1,225,000, marking a 57.05% growth. The HouGarden AVM estimates its value at $1,205,000. Recent sales in the area include a transaction in December 2023 for $1,130,000 and another in March 2022 for $1,260,000, indicating a vibrant property market. This property's potential for subdivision is underscored by scheme plans offering up to seven dwelling development options, making it a lucrative investment opportunity.
The property is ideally located within the school zones of Papakura Central School (decile 4), Rosehill Intermediate (decile 3), and Rosehill College (decile 5), offering a range of educational options. Its proximity to Saint Mary's Catholic School, Papakura township, and the Papakura motorway interchange, just 2km away, adds to the convenience and appeal of this family-friendly home.