This standalone, freshly renovated property located at 2/138 Rangitoto Road, Papatoetoe, Auckland - Manukau, offers a unique blend of comfort and convenience. Featuring three bedrooms, one bathroom, and a single carpark, this dwelling spans a floor area of 72 square meters. Constructed in 1980 with mixed materials for both the roof and walls, the property is in average condition. It sits on a level contour under a Cross-Lease ownership type, making it a perfect choice for those seeking a residential dwelling in a serene environment.
The property has seen a significant increase in its capital value, from $595,000 in July 2017 to $740,000 in June 2021, marking a 24.37% growth. The latest HouGarden AVM estimates the property's value at $710,000, while the most recent sale in January 2024 fetched $750,000, indicating a robust and growing market. This property's capital value growth and recent sales history underscore its investment potential and desirability.
Located within the school zones of Papatoetoe West School (decile 2), Papatoetoe Intermediate (decile 2), and Papatoetoe High School (decile 3), this property promises a solid educational foundation for children. The proximity to these schools, combined with the property's strategic location near amenities, parks, and transportation links, offers a balanced lifestyle of convenience and quality education.
Updated on April 06, 2024.