Located at 2/24 Great South Road, Papakura, Auckland - Papakura, this residential property is a renovator's dream, offering a unique opportunity to transform a three-bedroom, one-bathroom home into your ideal living space. The property, built in 1990, features fibrous cement walls in good condition, an iron roof also in good condition, and a level property contour. With a floor area of 80m² and a cross-lease ownership type, it's a canvas ready for your vision. Despite having no car parks, its fully fenced sunny yard and proximity to essential amenities make it an attractive option.
From a financial perspective, the property has seen a significant increase in capital value, from $480,000 in July 2017 to $650,000 in June 2021, marking a 35.42% growth. The latest HouGarden AVM estimates its value at $622,500. Its sale history reveals a steady appreciation, with sales at $157,000 in December 2004 and $280,000 in October 2014. This trend underscores the property's potential as a valuable investment.
The property is zoned for Papakura Normal School (decile 3, Full Primary), Rosehill Intermediate (decile 3, Intermediate), and Rosehill College (decile 5, Secondary Year 9-15), offering a range of educational options for families. Its location ensures convenience, nestled between Papakura Village and Southgate Shopping Centre, with easy access to public transport.
Updated on April 05, 2024.