1/1 Snell Place, Pakuranga, Auckland - Manukau

Nestled in the serene Snell Place of Pakuranga, Auckland, this 2-bedroom, 1-bathroom residence with a single car park presents an enticing opportunity. Constructed in 1960 with robust brick walls and a tiled roof, it sits on a level contour with an average wall and roof condition, exuding an air of solid, timeless appeal. As a cross-lease property, it offers a unique ownership experience. The government's capital value has seen a 30% increase from $600,000 in 2017 to $780,000 as of June 2021, echoing the rapid appreciation of this property's worth. The HouGarden AVM estimates it at $760,000, while the latest sale history shows a significant leap from $83,000 in 1988 to $715,000 in 2016, highlighting the investment potential.

For families, the educational highlights are significant. Within the zone of Sancta Maria College (decile 7), Anchorage Park School (decile 3), Edgewater College (decile 2), and Pakuranga Intermediate (decile 3), this property is an ideal base for academic pursuits. The location is further enhanced by the government's substantial investment in public transport infrastructure, adding value to the property and the suburb as a whole.

Whether you're seeking a personal haven or a strategic investment, this property is a golden opportunity. Currently tenanted and managed by Auckland Council, it's a level-entry chance that's not to be missed. With potential for renovation and value addition, or simply to be enjoyed as it is, this home invites you to explore the possibilities.

Updated on July 22, 2024