2/79 Cambridge Terrace, Papatoetoe, Auckland - Manukau

Nestled in a serene cul-de-sac at 2/79 Cambridge Terrace, Papatoetoe, Auckland, this residential dwelling boasts 4 bedrooms, a single internal garage, and a studio, complemented by an extra-large carport and secure off-street parking for approximately 6 cars. Constructed in 1988 with wood exterior walls and tiled roofing, both the walls and roof are in good condition. This cross-lease property sits on a level contour and offers a floor area of 130 square meters. As of June 2021, the capital value has been assessed at $780,000, showing a significant increase of 21.875% from the July 2017 valuation of $640,000. The property is close to public transportation and the Old Papatoetoe Shopping area, providing convenience and potential cost savings.

With a HouGarden AVM estimate of $750,000, the latest sale history includes transactions in 2006 for $313,000 and in 1993 for $95,000. This indicates a promising investment opportunity with a steady growth trajectory.

Zoned for the reputable Papatoetoe South School (Decile 2), Papatoetoe Intermediate (Decile 2), and Papatoetoe High School (Decile 3), this property is ideal for families seeking quality education for their children.

Updated on October 16, 2024