Nestled in the prime location of Papatoetoe, this freehold property at 21 Overton Road boasts a 3-bedroom, 1-bathroom residence with a floor area of 104sqm, sitting pretty on a level 409sqm section. Constructed in 1960 with solid brick walls and tiled roofing, both in good condition, this home offers potential for investors, developers, or those seeking to build their dream house. The capital value has seen a growth of 17.28% from $810,000 in 2017 to $950,000 as of June 2021. The HouGarden AVM estimates it at $882,500, while the latest sales were recorded at $980,000 in June 2024 and $1,100,000 in July 2020. The property is in a quiet cul-de-sac, close to motorway links, Hunters Corner, and amenities like the Papatoetoe Centennial Pool. It's zoned for Papatoetoe Intermediate (Decile 2), Papatoetoe High School (Decile 3), and Papatoetoe East School (Decile 2), making it an ideal family home or rental investment.
Features include double-glazed windows, two heat pumps, a separate laundry, and the potential for subdivision (subject to council approval). This is a rare find, perfect for those who have always wanted a piece of prime real estate in Papatoetoe.
With clear instructions from highly motivated owners, this property is not to be missed. Act fast and seize the opportunity!
Updated on July 11, 2024