2/9 West Street, Papakura, Auckland - Papakura

Nestled in a serene cul-de-sac at 2/9 West Street, Papakura, Auckland, this residential unit boasts a versatile layout with 2 bedrooms, 1 bathroom, and a comfortable floor area of 94sqm. Constructed in 1985 with mixed materials for both the walls and roof, it sits on a level contour and is maintained in mixed condition. The property is offered with a Cross-Lease ownership type, adding to its allure for potential buyers. Notably, this low-maintenance brick and tile unit is available for the first time in three decades, presenting an exciting opportunity for first home buyers or retirees looking for a centrally located home.

As for its financials, the property's Capital Value (CV) has seen a substantial increase from $540,000 in 2017 to $680,000 as of June 2021, reflecting a growth rate of 25.93%. HouGarden's AVM estimates the property's value at $660,000, while the latest sale record dates back to 1995 at $137,000. This surge in CV indicates a promising investment for the future.

Education is a key highlight with the property being within the zones of Papakura Central School (Decile 4), Rosehill Intermediate (Decile 3), and Rosehill College (Year 9-15, Decile 5). The primary school is just a short 2-minute walk away, making this an ideal location for families with children.

Updated on August 21, 2024