Nestled on a generous 1012m2 flat section at 16 Grande Vue Road, Papatoetoe, this Freehold property boasts a charming family home with a rich history, dating back to 1925. The solid wood exterior and Iron roof are in good condition, housing three spacious bedrooms, two carparks, and a floor area of 155m2. The capital value has seen a remarkable increase of 51.11% from $1,125,000 in 2017 to $1,700,000 as of 2021, with HouGarden AVM valuing it at $1,685,000. The latest sale history includes a notable transaction of $2,055,000 in 2021 and $195,000 in 2001. This property is not just a home but a sound investment in a promising future.
For families with children, the property falls within the zones of Puhinui School and Papatoetoe South School, both contributing schools with a decile rating of 3 and 2 respectively, while Papatoetoe Intermediate and Papatoetoe High School, rated 2 and 3, provide for continued education. This sought-after location is perfect for those seeking convenience and quality education.
With potential for multi-lot subdivision, this property is a developer's delight. Its Mixed Housing Suburban zoning and easy access to essential services like stormwater and wastewater make it an attractive prospect. The existing home, with its Rimu floors and adaptable spaces, offers the possibility of a second living area or additional bedrooms. The large deck overlooks a peaceful backyard, creating a seamless flow between indoor and outdoor living. Close to public transport and shopping amenities, this property is a gem in Auckland's property market.
Updated on November 22, 2024