1/101a Clevedon Road, Papakura, Auckland - Papakura

Nestled in the serene environment of 1/101a Clevedon Road, Papakura, Auckland, this residential dwelling is a charming 2-bedroom, 1-bathroom home with an 80m2 floor area. Constructed in 1972 with brick walls and tiled roofing, it sits on a level contour with an average condition for both walls and roof. The property is held under a Cross-Lease title, offering a unique ownership opportunity. The capital value has seen a rapid increase of 32%, from $500,000 in 2017 to the current $660,000 as of June 2021. The HouGarden AVM estimates the property at $612,500, while the latest sale was recorded in 1996 at $125,000.

For investors or those seeking to enter the property market, this home presents a golden opportunity. The property's government valuation growth and the potential for renovation make it an attractive prospect. The recent history of sales and the AVM reflect a promising investment trend in the area.

Educationally, the property falls within a sought-after school zone. Cosgrove School, Kelvin Road School, Papakura Intermediate, and Papakura High School, all rated with a decile of 1, are within easy reach. This is an ideal location for families with children.

Updated on June 21, 2024