81 Dominion Road, Papakura, Auckland - Papakura

Nestled on a vast 1,153m2 section at 81 Dominion Road, Papakura, this freehold property is a golden opportunity for investors and homeowners alike. The 3-bedroom, 1-bathroom home, built in 1967 with iron roofing and wooden exterior walls, offers an average condition canvas for modernization and expansion. The capital value has seen a remarkable increase of 65% from $550,000 in 2017 to $910,000 in 2021, showcasing its investment potential. The property, located in a quiet cul-de-sac, is perfect for those seeking a renovation project with immense potential for value addition.

With a HouGarden AVM of $872,500, the property presents a lucrative prospect. The recent sale history and the current owner's decision to downsize add urgency to this offering. The generous land area provides scope for outdoor dreams, potential development (subject to council approval), or simply enjoying the extra space with family and pets. Its strategic location, close to amenities and transport, further enhances its appeal.

For families with children, the property falls within the zones of Kelvin Road School, Papakura Intermediate, and Papakura High School, all with a decile rating of 1. This addresses the educational needs and ensures quality schooling options. Investors, developers, or families looking for a property with significant growth potential and a desirable school network should not miss this opportunity.

Updated on October 03, 2024