2/16 Waiari Road, Conifer Grove, Auckland - Papakura

Located at 2/16 Waiari Road, Conifer Grove, Auckland - Papakura, this charming 1960's original 3-bedroom bungalow is a gem waiting to be discovered. With 1 bathroom, a spacious floor area of 70sqm, and set on a low maintenance half share of a 999sqm semi-flat section, it offers ample space for living and entertaining. The property features fibrous cement walls and an iron roof, both in average condition, reflecting its age and character. Despite having no carpark, its road frontage and fully fenced yard with a private driveway enhance its appeal. This cross-lease property is a perfect canvas for those looking to add their personal touch or invest in a sought-after location.

From a financial perspective, the property has shown significant growth, with its capital value increasing from $510,000 in July 2017 to $710,000 in June 2021, marking a 39.22% increase. The latest HouGarden AVM estimates its value at $700,000. Its sale history underscores its potential, with sales jumping from $147,000 in May 2003 to $345,000 in October 2013. This upward trajectory in value highlights the property's investment appeal and the opportunity for further capital growth.

Education is a priority for many, and this property does not disappoint. It is zoned for Rosehill College (decile 5), Rosehill Intermediate (decile 3), and Conifer Grove School (decile 4), offering a range of educational opportunities for families. Its location provides easy access to Takanini Village, public transport, and main arterial routes, making it an ideal choice for families and investors alike.

Updated on March 21, 2024.