Nestled in the serene Saint George Street of Papatoetoe, Auckland, lies a charming residential unit with immense potential. This 2-bedroom, 1-garage home, built in 1967, boasts of a solid brick exterior and a tiled roof, both in good condition. It sits on a cross-lease title and offers a comfortable living space of 110 square meters. The property's capital value has seen a significant increase, rising from $620,000 in 2017 to the current $730,000 as of June 2021, reflecting a growth rate of 17.74%. This is further supported by the HouGarden AVM estimate of $710,000.
History shows a promising trend with the latest sale recorded at $640,000 in 2018, following a previous sale at $315,000 in 2013. The property's location is a key highlight, being within walking distance to well-rated schools such as Papatoetoe Central School (Decile 4) and Papatoetoe Intermediate (Decile 2), with Papatoetoe High School (Decile 3) also in close proximity.
Enjoy the convenience of living in a central location with amenities like Hunters Corner, Kmart, Westfield Mall, and Middlemore Hospital just a short drive away. The accessibility to SH1 & SH20 motorways and the nearby Auckland International Airport makes this property an attractive option for any buyer. Here is an opportunity to embrace a lifestyle that combines convenience, comfort, and a promising investment.
Updated on August 02, 2024