Nestled in the heart of Papakura, Auckland, 48 Fernaig Street stands as a prime property on a level 883m² freehold section. Constructed in 1964 with wood walls and tiled roofing, this 111m² residential vacant land holds immense potential with its 3-bedroom layout, average wall and roof conditions, and a separate double garage equipped with a tools room. The property's capital value has seen a remarkable increase of 92.03%, jumping from $690,000 in 2017 to $1,325,000 as of June 2021. The HouGarden AVM estimates it at $1,315,000, while the latest sales were recorded at $310,000 in 2006 and $200,000 in 1997.
For families, the property falls within the Cosgrove School, Papakura Intermediate, and Papakura High School zones, all rated at a decile 1. This is an ideal investment for those seeking a quiet cul-de-sac lifestyle, close to amenities and public transport. The property's development potential is further enhanced by the existing essential services on site, making it a golden opportunity for developers or investors.
Act now to secure this property at auction. With a perfect blend of convenience, potential, and a proven track record of value appreciation, this is a chance not to be missed!
Updated on November 26, 2024
街道地址 | 距離 | 房間數 | 浴室數 | 建築面積 | 售出時間 | 售出價格 | 數據來源 | |
|---|---|---|---|---|---|---|---|---|
 | 0.08 km | 4 | 1 | 103m2 | 2024年11月25日 | - | Council approved | |
 | 0.08 km | 3 | 2 | 100m2 | 2024年10月31日 | $758,000 | Council approved | |
 | 0.07 km | 3 | 2 | 90m2 | 2024年09月25日 | - | Council approved | |
 | 0.16 km | 4 | 103m2 | 2024年08月19日 | $655,000 | Council approved | ||
 | 0.14 km | 3 | 1 | 103m2 | 2024年08月06日 | - | Council approved |