1/93 Kenderdine Road, Papatoetoe, Auckland - Manukau

Nestled in the serene cul-de-sac of Kenderdine Road, this 1967-built residential unit boasts 2 bedrooms, 1 bathroom, and a single carpark. The 140sqm floor area is complemented by an open plan kitchen and living, along with a sunroom that could be transformed into a rumpus space. The property sits on a level contour with concrete walls and tiled roofing in average condition. It is registered under a Cross-Lease title. The latest government capital value assessment as of June 2021 is $750,000, showing a significant increase of 17.19% since July 2017. HouGarden's AVM estimates the property at $695,000, while the latest sales were recorded at $470,000 in 2015 and $295,000 in 2010.

For investors and families alike, the property's location in sought-after school zones is a key highlight. Kedgley Intermediate, Aorere College, Papatoetoe South School, and Papatoetoe Intermediate, all with a decile rating of 2, are within reach. This, coupled with its proximity to Puhinui Station, shops, and motorway links, makes it an attractive proposition for rental income or as a first home.

With the owners needing to sell to facilitate their move, this property presents a gain for the savvy buyer. It's a strategic investment opportunity, whether you're looking to generate rental income, develop a modern residential complex, or simply benefit from owning prime real estate in a desirable location.

Updated on May 13, 2024