Nestled in the esteemed Golden Circle of Papatoetoe, this spacious 5-bedroom, 2-bathroom residence is a gem on a level plot, built just in 2020 with mixed materials and a tile roof, both in good condition. Enjoying a freehold title, the property boasts a floor area of 241sqm on a land area of 356sqm. The modern, open-plan living is enhanced by a heat pump, and the home features two lounges on separate levels for versatile living. The property has seen a 21.43% increase in Capital Value from $1,050,000 in 2017 to the current $1,275,000 as of June 2021. The HouGarden AVM estimates the property at $1,285,000, while the latest sale on July 7, 2024, was at $1,210,000.
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 (Decile 3), ensuring quality education at every level. The convenient location is close to supermarkets, Hunters Plaza, and motorway access.
This inviting home, with its ample storage and secure off-street parking, is not only perfect for a growing family but also presents a solid investment opportunity, currently tenanted at $975 per week with potential for rent increase.
Updated on September 04, 2024