Nestled on a spacious 725sqm freehold section at 224 Hillside Road, Papatoetoe, Auckland, this attractively renovated residence boasts 3 bedrooms and a charmingly refurbished bathroom. Constructed in 1973 with a solid fibrous cement exterior and iron roof, both in good condition, this home offers a comfortable and stylish living environment. The property has seen a significant Capital Value (CV) increase from $615,000 in 2017 to $950,000 as of June 2021, reflecting a growth rate of 54.47%. Adding to its appeal, the property includes a bonus rumpus, ideal for additional rental income or investment potential. The HouGarden AVM estimates the property's value at $912,500, while the latest sale history shows transactions at $147,000 in 2003 and 2002. This home is located in a desirable school zone, including Aorere College, Kedgley Intermediate, and Papatoetoe South School, all with a decile rating of 2.
With a floor area of 104sqm and a level contour, the property is a tidy condition home that captures a pleasant view. It is conveniently located, just 4 minutes from Papatoetoe train station, 6 minutes from Hunter's Plaza, and 9 minutes from Manukau City Centre. This property presents a golden opportunity for families and investors alike.
Educationally, the property falls within a sought-after school zone. Aorere College and Kedgley Intermediate are both well-regarded secondary and intermediate schools, while Papatoetoe South School provides a solid primary education. The schools are all rated with a decile of 2, indicating a good standard of education in the area.
Updated on April 12, 2024