Nestled in the tranquility of a quiet cul-de-sac at 1/147 Old Wairoa Road, Papakura, Auckland, this 1960s brick beauty on cross-lease title boasts a capital value that has seen a 30.36% increase from $560,000 in 2017 to $730,000 as of June 2021. The 111sqm floor area is complemented by a well-maintained iron roof and brick exterior walls. This solidly built home offers 3 large bedrooms, an open-plan kitchen/living area, and a separate laundry room. Outside, a generous front yard and an uncovered front deck provide ample space for relaxation and entertainment.
With a HouGarden AVM of $665,000 and a latest sale history of $372,000 in 2015, this property presents a lucrative opportunity. The CV growth indicates a promising investment with a potential for further appreciation. This is a home that not only promises a lifetime of memories but also a secure foundation for the future.
For families with school-aged children, the property falls within the zones of Cosgrove School (contributing, decile 1), Papakura Intermediate (decile 1), and Papakura High School (secondary, Year 9-15, decile 1), ensuring access to quality education.
Updated on December 17, 2024