Nestled in the serene Valentine Street, Papakura, Auckland, this 1989-built, fibrous cement-walled and iron-roofed residential dwelling on a cross-lease title boasts 2 bedrooms, 1 bathroom, and a levelled, fully fenced outdoor space. The 70 square meter floor area provides ample room for a growing family, with potential for value addition through renovations. The property has shown a 44.19% increase in Capital Value from $430,000 in July 2017 to $620,000 as of June 2021, echoing the trend with HouGarden AVM's valuation of $612,500. The latest sales history includes transactions at $395,000 in April 2016 and $245,000 in June 2013, indicating a steady growth trajectory.
With a CV increase speed that outpaces the market average, this property is not just a home but also a sound investment. It is located in a sought-after school zone, with Kelvin Road School, Papakura Intermediate, and Papakura High School, all rated at decile 1, ensuring quality education for the family. The quiet cul-de-sac location adds to the privacy and tranquility, while still offering convenient access to local amenities and transportation.
For those seeking a home with potential, this property presents a golden opportunity. It's a must-see, with the potential to transform it into your dream home.
Updated on November 21, 2024