94 Station Road, Papatoetoe, Auckland - Manukau

Nestled in the heart of Papatoetoe on a generous 1026sqm lot, this freehold property at 94 Station Road is a prime candidate for your next venture. The residence, built in 1940 with brick walls and tiled roofing, currently stands as a do-up opportunity with 3 bedrooms, 220sqm of floor area, and 4 carparks. The site offers an easy/moderate fall contour, providing a versatile platform for development. With a CV of $1,400,000 as of June 2021, it has shown a remarkable growth of 63.74% since July 2017, echoing the investment potential. The HouGarden AVM estimates the property's worth at $1,407,500, aligning with the latest sale history from 1999 at $190,000 and 1994 at $135,000.

For families, the property falls within the decile 2 school zones of Kedgley Intermediate, Aorere College, and Papatoetoe West School, ensuring quality education for all ages. This centrally located property, with convenient access to amenities and transport, is a golden opportunity for investors, developers, or home renovators looking to tap into the Mixed Housing Suburban zoning's potential.

Embrace the chance to unlock the full potential of this site, with the possibility of a 12-month settlement, and make your mark in the property market.

Updated on October 02, 2024