Nestled on a flat, 746m² section in the serene Redcrest Avenue, Red Hill, this 1976-built, freehold property boasts a fibrous cement exterior and a robust tile roof. The 3-bedroom, 1-bathroom residence with an 89m² floor area is a sunny, north-facing haven ideal for families. The capital value has seen an impressive increase of 81.37%, jumping from $510,000 in 2017 to $925,000 as of June 2021. The property's HouGarden AVM is valued at $847,500, with the latest sale recorded at $900,000 in 2022, a significant rise from the $211,000 sale in 2011.
For investors, the government valuations and sales history indicate a promising growth trajectory. The property is situated in a desirable school zone, with Papakura Intermediate, Papakura High School, and Redhill School all rating a decile 1, ensuring top-notch education for the family.
With features like electric hot water, a heat pump, and a securely fenced yard, this home offers comfort and convenience. The functional kitchen, laundry room, double garage, and off-street parking complete the package, making it an attractive option for those seeking a peaceful, family-oriented lifestyle.
Updated on December 04, 2024