Nestled on a serene cul-de-sac in Papakura, Auckland, this freehold property boasts a solid brick construction and a tiled roof, built in 2015. The 4-bedroom, 1-bathroom residence spans a floor area of 107 square meters, sitting pretty on a levelled 701 square meter section. The well-maintained walls and roof are in good condition, signaling a sound investment. With a Capital Value (CV) of $790,000 as of June 2021, this property has shown a growth rate of 27.42% since July 2017, demonstrating a promising increase speed. The HouGarden AVM estimates the property's value at $735,000, making it an attractive prospect for potential buyers.
History shows a consistent rise in the property's value, with a recent sale adding to its allure. The government's valuation history and the rapid CV increase are indicative of a sound investment opportunity. This property is perfect for those looking to enter the market, invest, or take on a renovation project to further enhance its already inviting warmth and potential value.
For families with children, the property falls within the catchment area of several schools, including Cosgrove School, Kelvin Road School, Papakura Intermediate, and Papakura High School, all with a decile rating of 1. The location provides easy access to amenities, public transport, and motorway ramps, ensuring convenience and connectivity.
Updated on July 15, 2024