422 Great South Road, Opaheke, Auckland - Papakura

Nestled on a prime 1012 sqm freehold site in the sought-after location of Opaheke, Auckland, this residential property boasts a charming 3-bedroom, 1-bathroom dwelling. Constructed in 1960 with wood walls and an iron roof, both in average condition, it presents a golden opportunity for future development or long-term investment. The property has seen a significant increase in Capital Value (CV), rising from $620,000 in 2017 to the current $1,175,000 as of 2021, reflecting a growth of nearly 90%. The latest sale in 2019 valued the property at $570,000, while the HouGarden AVM estimates it at $1,125,000, indicating strong market potential.

Educationally, the property falls within the zones of several esteemed schools. Opaheke School, a full primary, and Papakura Intermediate and High School, all with a decile rating of 1, are in close proximity. Rosehill Intermediate and College, with deciles 3 and 5 respectively, are also accessible. This makes the property an ideal choice for families with educational priorities.

Located on a quiet cul-de-sac, the property is conveniently situated near public transport, Countdown supermarket, and local shops. With easy access to SH20 and SH1 motorways, it offers a combination of convenience and potential for further enhancement. Whether you seek a stable investment with rental income or a site for new residential development, this property is a rare find that should not be missed.

Updated on October 25, 2024