Nestled in a serene cul-de-sac at 2/146 Puhinui Road, Papatoetoe, Auckland, this residential ownership home unit boasts a handsome tile roof and solid concrete walls. Constructed in 1970, the property presents an average condition both inside and out, with a level contour that adds to its appeal. The 2-bedroom, 1-bathroom home with a single carpark and a floor area of 67 square meters is set on a cross-lease title. The recently renovated interior features a modern kitchen with ample storage, stone benchtops, and an open-plan layout that connects the living areas, creating a warm and inviting space. For comfort throughout the year, a heat pump is installed, and the property is complemented by a low-maintenance, fully fenced garden and a charming pergola perfect for entertainment or relaxation.
With a government capital value (CV) of $630,000 as of June 2021, this property has seen a 26% increase since July 2017. The HouGarden AVM estimates the property at $587,500, while the latest sale history shows a significant jump from $260,000 in 2012 to $505,000 in 2017. This is an ideal investment opportunity with a promising CV growth trajectory.
For families, the property falls within the highly sought-after school zones of Puhinui School (Decile 3), Papatoetoe Intermediate (Decile 2), and Papatoetoe High School (Year 9-15, Decile 3). Conveniently located near Manukau Westfield and just 1km from Puhinui Train Station, this home offers easy access to amenities and transport, making it an attractive proposition for both homeowners and investors.
Updated on May 22, 2024