Welcome to 65 Sheehan Avenue, Papakura, Auckland - a prime piece of residential vacant land with multiple housing potential. This property boasts 2 bedrooms, 1 bathroom, and spans across a generous floor area of 80m² with a large land area of 749m². It is a freehold property, featuring fibrous cement walls and an iron roof, both in average condition. Built in 1967, this property sits on a level contour, making it an ideal canvas for your dream project.
Since 2016, the capital value of this property has seen a remarkable increase from $550,000 to $1,000,000 as of June 2021, marking an 81.82% growth. The latest sale in September 2021 reached $1,060,000, surpassing the HouGarden AVM of $985,000. This demonstrates the property's significant appreciation and potential for future growth, making it an attractive investment.
Located in a zone served by Kelvin Road School, Papakura Intermediate, and Papakura High School, all with a decile rating of 1, this property promises a convenient lifestyle close to educational facilities. Whether you're a first-time homebuyer or an investor, this property offers endless possibilities and awaits your personal touch or development project.
Updated on March 22, 2024.