Nestled in the serene cul-de-sac of Papatupu Way, Kumeu, Auckland, lies a charming 3-bedroom, 5-bathroom property on a freehold title. Constructed with wood walls and an iron roof, this 116sqm home with a single carpark is set on a level 168sqm section. The property, built in 2023, is in good condition both inside and out. The capital value has shown a promising increase, currently valued at $880,000 as per the June 2021 government valuation. The HouGarden AVM estimates it at $820,000, indicating a potential growth opportunity for investors. This property not only offers comfort and modern living but also boasts a convenient location with easy access to Auckland CBD and Albany, just a 25-minute drive away.
History shows a consistent rise in the property's value, with a notable percentage increase in its capital value over the years. The recent sale history and the AVM reflect a positive trend in the real estate market for this area. It's a clear indicator of a sound investment, particularly for those looking for long-term growth.
For families with children, the property falls within the zones of Massey High School (Decile 4), Matua Ngaru School (Decile 9), and St Paul's School (Massey) - all reputable educational institutions. The schools offer a range of options from primary to secondary levels, ensuring a quality education for your children.
Updated on June 19, 2024