Nestled in the serene cul-de-sac of Frazen Avenue, Papakura, Auckland, lies a charming 4-bedroom, freehold property. Constructed in 2019 with robust brick walls and a reliable tile roof, this dwelling exudes modern elegance. Spacious and practical, it offers 162 square meters of floor area and is set on a generous 496 square meter section. The property's capital value has seen a remarkable increase of 34.87% from $760,000 in 2017 to $1,025,000 as of June 2021, showcasing its investment potential. The latest sales history is a testament to its allure, with a sale in 2018 for $410,000 and another in 2016 for $347,826.
With a HouGarden AVM estimate of $1,000,000, this property presents an attractive opportunity. The government's capital value assessment reflects a growing confidence in the area's real estate. The well-maintained condition of both the walls and roof further solidify the property's appeal.
Education takes center stage with the highly esteemed Ardmore School in the zone, rated a decile 4. The area is also served by Cosgrove School, Papakura Intermediate, and Papakura High School, ensuring a comprehensive educational journey for children. Located in the heart of Twin Park Rise, this home is not just a haven but also an investment in a promising future.
Updated on July 26, 2024