42a Airfield Road, Takanini, Auckland - Papakura

Nestled in the serene cul-de-sac of Airfield Road, Takanini, Auckland, lies a compelling investment opportunity. This freehold property, built in 2005 with iron roofing and plastic exterior walls in good condition, boasts 6 bedrooms and a bathroom, spread across a floor area of 96 square meters on a level plot of 424 square meters. The property's Capital Value (CV) has seen a remarkable increase of 44.26% from $610,000 in 2017 to $880,000 as of June 2021. Furthermore, the HouGarden AVM estimates the property's worth at $820,000, making it an attractive prospect for potential investors.

With a history of solid returns, the property was last sold for $320,000 in 2013 and $520,000 in 2010, demonstrating its consistent growth in value. The urgency to sell presents a golden chance for investors looking for stability and a robust investment in the Auckland region.

Educationally, the property falls within the zones of Alfriston College (Decile 2) and Takanini School (Decile 1), ensuring access to quality education. These well-maintained properties, currently generating a weekly rent of $1,432.50, offer a unique investment prospect with the potential for diversification and a secure, affordable investment.

Updated on May 28, 2024