Nestled in the serene cul-de-sac of Fairview Road, Papatoetoe, Auckland, this charming 2-bedroom residential unit boasts a tiles roof and concrete walls, both in good condition, on a level contour. Built in 1973, this cross-lease property offers a floor area of 160 square meters and a carpark. The capital value has seen a significant increase from $610,000 in 2017 to $720,000 as of June 2021, reflecting a growth rate of 18.03%. The property's HouGarden AVM is estimated at $670,000, while the latest sale history includes transactions in 2006 for $268,000 and in 1998 for $175,000.
With a warm and inviting ambiance, the home features modern styling and ample storage. Its layout is thoughtfully designed to capture the morning sun during breakfast and the afternoon sun in the open-plan dining and living areas. The central location provides a pleasant walk to the town center, New World supermarket, library, train station, and schools, with easy access to Hunters Plaza, Manukau, the airport, and motorways.
For families with school-aged children, the property falls within the zones of Puhinui School (Decile 3), Papatoetoe Intermediate (Decile 2), and Papatoetoe High School (Decile 3), ensuring quality education options. Whether you're seeking a first home, downsizing, retiring, or a solid investment, this superior rear unit with a private garden is an opportunity not to be missed.
Updated on May 23, 2024