12 Maunu Road, Papatoetoe, Auckland - Manukau

Nestled at 12 Maunu Road, Papatoetoe, Auckland, this charming property boasts 4 bedrooms, 2 car parks, and a spacious floor area of 163 square meters on a level contour. Constructed in 1930 with wood walls and an iron roof, both in good condition, this freehold property is a classic family home with modern amenities, including heat pumps for all-season comfort. The capital value has seen a remarkable increase of 62.22%, from $1,125,000 in 2017 to $1,825,000 as of June 2021. The HouGarden AVM estimates it at $1,837,500, making it an attractive investment opportunity.

With a rich history and nearly 60 years of memories, the property is located in a quiet cul-de-sac, centrally positioned in one of the town's most desired locales. It's zoned for well-regarded schools, including Puhinui School (Decile 3), Papatoetoe Intermediate (Decile 2), and Papatoetoe High School (Secondary, Decile 3). The large 1098 square meter section offers ample space for family activities or potential development under the Auckland Unitary Plan's Mixed Housing Suburban Zone.

Whether you seek a warm family home, a land banking opportunity, or a site for future development, this prime Papatoetoe prospect is set to capture the attention of investors and families alike. Its convenient location, with easy access to public transport, shopping centers, and motorways, minutes from the airport and CBD, makes it a rare find in today's fast-paced property market.

Updated on September 27, 2024