2/10 Wellington Street, Papakura, Auckland - Papakura

Nestled in a serene cul-de-sac at 2/10 Wellington Street, Papakura, Auckland, this residential dwelling is a promising investment. The 95sqm floor area is complemented by 2 bedrooms, 1 bathroom, and is built with robust brick walls and tiled roofing, both in good condition. The property, established in 1983, operates on a Cross-Lease title. Notably, the capital value has seen a significant increase from $640,000 in 2017 to $790,000 as of June 2021, reflecting a growth rate of 23.43%. The latest sale was recorded at $600,000 in May 2023, following a sale in 2008 at $335,000. HouGarden AVM estimates the property's worth at $770,000.

With a CV increase that outpaces the market average, this property is not just a home but a wise investment. It's located in a highly sought-after school zone, with Papakura Central School (Decile 4), Rosehill Intermediate (Decile 3), and Rosehill College (Decile 5) within reach. The central location is convenient for public transport, shopping, and amenities, making it an ideal blend of comfort and convenience.

For those seeking a tranquil environment to unleash their creativity, this low-maintenance, freestanding brick and tile home is a perfect choice. It boasts a spacious kitchen, an open-plan dining and living area, and the potential to add off-street parking. Don't miss this opportunity to transform this home into your personal haven.

Updated on August 20, 2024