46 Peverill Crescent, Papatoetoe, Auckland - Manukau

Nestled at 46 Peverill Crescent, Papatoetoe, Auckland, this freehold property is a Residential - Vacant land multiple housing gem. Constructed in 1989 with a fibrous cement exterior and tiled roof, both in good condition, it stands on a steep fall site of 893 square metres. The interior boasts 3 bedrooms, 1 bathroom, and a floor area of 91 square metres, complete with a cozy living space, separate dining, and ample storage, ideal for transformation into your dream home or a sound investment. The property has seen a CV increase from $750,000 in 2017 to $1,450,000 as of June 2021, a rise of 93.33%. The HouGarden AVM estimates the property at $1,460,000, while the latest sale was recorded at $811,000 in 2024, following a sale in 1989 at $90,000.

For families, the property falls within the decile 2 school zones of Kedgley Intermediate, Aorere College, and Papatoetoe West School, ensuring quality education options. This elevated, north-facing property not only offers convenience with its proximity to the Old Papatoetoe shopping centre and Middlemore Hospital but also presents a potential subdividing opportunity, subject to council approval. With garaging for 2 cars and essential amenities nearby, this property is a land bank or development opportunity not to be missed.

With breathtaking views and a motivated vendor, this property is a golden chance to turn your dreams into reality. Don't let time slip by; secure this property today and unlock its full potential.

Updated on September 18, 2024