27 Kautami Avenue, Papatoetoe, Auckland - Manukau

Nestled on a level plot at 27 Kautami Avenue, Papatoetoe, Auckland, this residential vacant land is perfect for multiple housing projects. It boasts a freehold title, offering full control and ownership. Constructed in 1950, the property features average-condition brick walls and tiled roofing. With a floor area of 160 square meters and a land area of 885 square meters, it includes 2 car parks. The property's capital value has seen a 25% increase from $1,100,000 in 2017 to $1,375,000 as of June 2021, with a HouGarden AVM estimate of $1,320,000.

Government valuations reflect a promising investment, with a significant jump in the capital value over the past few years. The property's AVM estimate also indicates a strong market position. This is further supported by the recent sales history in the area, hinting at a consistent growth trend.

For families with school-aged children, the property falls within the zones of Papatoetoe Intermediate (Decile 2), Papatoetoe Central School (Decile 4), and Papatoetoe High School (Secondary, Decile 3), ensuring access to a range of educational facilities.

Updated on October 22, 2024