Nestled in the heart of Papakura, at 3/11 Smiths Avenue, lies a charming residential unit with vast potential. This 1970-built, freehold property boasts 2 bedrooms, 1 bathroom, and a modest yet functional floor area of 57 square meters on a level contour. The exterior is adorned with fibrous cement walls and an iron roof, both in good condition. The property, valued at $500,000 according to the June 2021 government valuation, presents an opportunity for first-time buyers, families, and investors alike. It is conveniently located within walking distance to schools, with easy access to motorways, the train station, and local amenities.
With a HouGarden AVM of $485,000, the property has shown a promising growth trajectory. The recent sale history and a capital value increase reflect a thriving property market in the area. Features such as a heat pump, a fully fenced backyard, and a garden shed for additional storage add to the appeal of this low-maintenance home.
Edmund Hillary School, Papakura Intermediate, and Papakura High School, all with a decile rating of 1, form the educational backbone of this family-friendly neighborhood. Whether you seek a starter home, a downsized living space, or a sound investment, this property offers it all. Act now, as opportunities like this in the prime Papakura location are rare and won't last long.
Updated on July 18, 2024