2/99 Station Road, Papatoetoe, Auckland - Manukau

Welcome to 2/99 Station Road, Papatoetoe, a charming residential unit with a strong potential for investment. This property, built in 1976 with concrete walls and tiled roof, is in good condition and offers 2 bedrooms, 1 bathroom, and a single car internal garage. It stands on a level contour with a floor area of 97sqm, under the Unit Title ownership. The capital value has shown a significant increase of 26% from $500,000 in 2017 to the current $630,000 as of June 2021. The HouGarden AVM estimates the property at $602,500, while the latest sale was recorded at $550,000 in August 2022.

From a valuation perspective, this property has a promising history with a clear trend of capital value growth. The recent sale history also indicates a positive market sentiment. This is a perfect opportunity for investors or families looking for a home in a convenient location with good schools. The nearby schools, Kedgley Intermediate, Aorere College, and Papatoetoe West School, are all rated with a decile of 2, reflecting a good standard of education in the area.

Station Road is a quiet cul-de-sac, providing a peaceful living environment. The property is close to amenities and public transportation, offering a comfortable and convenient lifestyle. Don't miss the chance to secure this brick and tile beauty as your dream home or investment.

Updated on May 02, 2024