58 Victoria Road, Papatoetoe, Auckland - Manukau

Nestled on a prime site at 58 Victoria Road, Papatoetoe, Auckland, this residential property boasts a generous 905 sqm of land with a freehold title. Constructed in 1950, the existing 4-bedroom, 1-bathroom home features wood walls in fair condition and an aluminium roof in good condition. The property, with a floor area of 160 sqm and a single carpark, is situated in a level contour and presents a perfect opportunity for development or investment. Notably, the capital value has surged by 104.97% from $805,000 in 2017 to $1,650,000 as of June 2021, showcasing a rapid increase in value. The HouGarden AVM estimates the property at $1,582,500, while the latest sale was recorded at $1,113,800 in October 2020.

For families, the property is zoned for well-regarded schools, including Puhinui School (Decile 3), Papatoetoe Intermediate (Decile 2), and Papatoetoe High School (Year 9-15, Decile 3), ensuring quality education for all ages. This combination of a high-demand location, potential for development, and access to quality education makes it an irresistible investment. With stormwater and wastewater services at the doorstep and a 20m wide road frontage, the possibilities are endless. Don't miss the chance to secure this piece of history and invest in a vibrant future.

Act now, as this property won't remain on the market for long, especially with the auction scheduled on-site on Saturday, 19 October 2024, at 2:30PM, unless sold prior. This is your opportunity to own a slice of this desirable neighborhood, conveniently located near Manukau Shopping Centre, Hunters Plaza, the train station, and local shops.

Updated on October 25, 2024