45a Cargill Street, Papakura, Auckland - Papakura

Positioned in a serene cul-de-sac, this freehold property at 45a Cargill Street, Papakura, Auckland, is a 4-bedroom, 1-bathroom residence that exudes charm with its brick exterior and iron roof, built in 1997. The well-maintained home sits on a levelled 475sqm section with a floor area of 119sqm, offering an expansive living space that's perfect for families or as a lucrative rental investment. The capital value has seen a significant increase of 28.8% from $590,000 in 2017 to $760,000 as of June 2021, with the HouGarden AVM estimating an even higher value of $765,000. The property's latest sale history includes transactions in 2014 for $355,000 and in 2012 for $250,000, showcasing its consistent growth. Investors and renovators should take note of this property, especially given the motivated vendor.

For families with children, the property falls within the catchment area of several schools, including Cosgrove School, Kelvin Road School, Papakura Intermediate, and Papakura High School, all with a decile rating of 1. This indicates a strong educational support network for the family. The property's convenient location near transportation hubs further enhances its appeal.

Don't miss this opportunity to own a large brick home at a price that undercuts the market value. It's an ideal choice for first home buyers or investors looking for a solid investment with excellent potential for capital gains.

Updated on September 04, 2024