Nestled in the serene environment of 36 Milson Drive, Papakura, Auckland, this residential dwelling is a charming freehold property. Constructed in 2004 with solid brick walls and a tile roof, the 4-bedroom home boasts a floor area of 174m2 and sits on a levelled land of 578m2. The property has seen a significant Capital Value (CV) increase, rising from $700,000 in 2017 to $880,000 as of June 2021, indicating a growth rate of 25.7%. The house condition is well-maintained, both in walls and roof, making it an attractive investment.
With a HouGarden AVM of $872,500 and a latest sale history in 2004 for $261,500, this property presents a lucrative opportunity. The CV growth and the AVM reflect the property's increasing desirability in the market. The home's spacious layout includes a separate living area and a combined kitchen-dining space, with the master bedroom featuring an ensuite for added privacy.
For families with school-aged children, the property falls within the zones of Kelvin Road School, Papakura Intermediate, and Papakura High School, all with a decile rating of 1. The convenient location near parks, bus stops, and the township adds to the appeal of this property, which is now available for the first time in 20 years.
Updated on November 15, 2024