1/52 Wallace Road, Papatoetoe, Auckland - Manukau

Located at 1/52 Wallace Road, Papatoetoe, Auckland - Manukau, this residential property is a gem for first-time buyers, retirees, small families, or investors. The unit, built in 1970, features 2 bedrooms, 1 bathroom, and a single internal access garage, with a total floor area of 70m². It's a Cross-Lease title with brick walls in good condition and tile roofing also in good condition. The property is level, offering a comfortable and convenient lifestyle with a newly renovated interior that includes a stylish kitchen with modern appliances, an open plan layout, and spacious living areas. The north-facing position ensures plenty of sunlight, enhancing the cozy garden and providing off-street parking.

The property has seen a significant increase in capital value, from $500,000 in July 2017 to $680,000 in June 2021, marking a 36% growth. The latest sale was conducted by Alison Weakley on January 11, 2024, for $695,000, showcasing the property's value appreciation over the years. The HouGarden AVM estimates the property's value at $650,000, further indicating its investment potential.

Education is a priority for many families, and this property does not disappoint. It is zoned for Papatoetoe South School (decile 2), Papatoetoe Intermediate (decile 2), and Papatoetoe High School (decile 3), offering a range of educational opportunities for children of all ages. The location is ideal, within walking distance to New World, Old Papatoetoe, and the Train Station, with easy access to the greater Auckland area via the nearby bus route.

Updated on April 05, 2024.