Welcome to a beautifully presented 3-bedroom, 1-bathroom brick-and-tile unit in the heart of Papatoetoe. This well-maintained cross-lease property, built in 1973, boasts a good condition brick exterior and tiled roof, set on a level contour in a quiet cul-de-sac. With a floor area of 102sqm and a single carpark, it presents an ideal blend of convenience and comfort. The property has seen a CV increase from $570,000 in 2017 to $750,000 in 2021, indicating a growth of 31.58%. The HouGarden AVM estimates the property value at $755,000, while the latest sale history shows a sale price of $530,000 in 2020 and $324,000 in 2007.
For families, the property is zoned for Puhinui School (Decile 3), Papatoetoe Intermediate (Decile 2), Papatoetoe Central School (Decile 4), and Papatoetoe High School (Decile 3), offering a comprehensive education network. This unit is perfect for first-time buyers or investors looking for a property with high rental income potential in a desirable location.
Enjoy the ease of living with nearby parks, Hunters Plaza, and the convenience of Papatoetoe town, with easy access to main arterial routes and the Papatoetoe train station. With the sellers motivated to upgrade, this presents a golden opportunity to secure a charming home in a sought-after area.
Updated on September 27, 2024