Nestled in the coveted suburb of Opaheke, this 3-bedroom property on 19 Liverpool Street presents a unique opportunity on a Freehold section of 1,012m2. Constructed in 1940 with brick walls and tiled roofing, the building showcases an average roof condition and fair walls. Despite a fire incident, it holds a potential for rental conversion or重建, given its Level contour and a floor area of 130m2. The property has seen a significant Capital Value increase of 121.77% from $620,000 in 2017 to $1,375,000 as of June 2021. HouGarden's AVM estimates the value at $1,320,000, while the latest sale history shows transactions at $1,330,000 in 2021 and $400,000 in 2014. Educationally, the property falls within the zones of Papakura Intermediate and High School (both Decile 1), Rosehill Intermediate (Decile 3), Rosehill College (Decile 5), and Opaheke School (Decile 4), ensuring quality education for the family.
With the government's policy push for additional housing and the upcoming shopping mall development in Drury, this property is not just a home but a sound investment. Whether you choose to rebuild, resell, or develop, the possibilities are vast in this rapidly appreciating area.
Act now and seize this opportunity to be part of a thriving community, where the convenience of the Papakura business precinct and the southern motorway are mere minutes away.
Updated on April 18, 2024