Welcome to 1/59 Redcrest Avenue, Red Hill, Auckland - Papakura. This delightful residence, nestled in a serene location, boasts three bedrooms, one bathroom, and offers a floor area of 70sqm on a cross-lease title. The property, constructed in 1988, features fibrous cement walls in good condition and an iron roof also in good condition. Its level contour enhances its appeal, making it an ideal choice for those seeking a comfortable and convenient lifestyle.
Since its last government valuation in June 2021 at $600,000, the property has seen a significant capital value increase of approximately 53.85% from its 2017 valuation of $390,000. The HouGarden AVM currently estimates its value at $587,500. The latest sale data reveals transactions at $495,000 in November 2023 and $550,000 in January 2021, highlighting a robust interest and growth in value. This property's capital value growth and recent sales underscore its potential as a wise investment.
Located within the catchment area for Papakura Intermediate, Papakura High School, and Redhill School, all of which are decile 1 schools, this property is perfectly positioned for families prioritizing education. Its proximity to schools, parks, shopping centers, and public transportation ensures a lifestyle of convenience and ease.
Updated on March 22, 2024.