16 Charles Street, Papatoetoe, Auckland - Manukau

Nestled on a freehold land of 938sqm at 16 Charles Street, Papatoetoe, Auckland, this residential property with a 1956 vintage is a goldmine for developers and investors. It boasts a floor area of 118sqm, with three bedrooms, one bathroom, and a single carpark. The mixed-material exterior walls and iron roof are in average condition, ready for your creative touch. The property has seen a significant Capital Value (CV) increase of 86.11% from $900,000 in 2017 to $1,675,000 as of June 2021. HouGarden AVM estimates it at $1,607,500, while the latest sales history shows a jump from $130,000 in 1994 to $303,000 in 2004, indicating a promising investment opportunity.

For families, the property falls within the decile 2 Papatoetoe Intermediate, decile 4 Papatoetoe Central School, and decile 3 Papatoetoe High School zones, ensuring quality education for all ages. This is not just a house; it's a potential-filled property in a prime location, zoned for Terrace Housing & Apartment Zone, waiting to be transformed.

Don't let this chance slip by. Imagine the possibilities of this conveniently located property in a quiet cul-de-sac, with easy access to amenities and public transport. It's time to seize the day and make this developer's dream a reality.

Updated on April 26, 2024