Back 37A Alabaster Drive
Off Market

37A Alabaster Drive

Papatoetoe Auckland

5
2
1
601 m²
House
Moses ManiMoses Mani, last sold this property on 03 April 2025 after 22 days on market.

Overview

Home & Income Papatoetoe Location

Auction: 62 Highbrook Drive, East Tamaki on Wednesday 2 April 2025 at 1:00PM (unless sold prior) Must Sell Situation Looking for the perfect investment property or a home with extra rental income? This fantastic home and income opportunity in the heart of Papatoetoe offers flexibility, strong rental returns, and a prime location with easy access to amenities. Whether you?re an investor looking to expand your portfolio or a growing family wanting space for extended relatives, this property ticks all the boxes! Property Features: Front Home: A spacious 3-bedroom, 1-bathroom house, currently rented for $700 per week, with a rental appraisal of $680 - $720 per week. The home is well-maintained, offering comfortable living for tenants or future homeowners. Back Home: A 2-bedroom, 1-bathroom dwelling with a single garage, currently rented for $600 per week, with a rental appraisal of $580 - $630 per week. An excellent additional income source or perfect for extended family members who want privacy while staying close. Both dwellings have separate water meters and power connections, ensuring easy management for investors and landlords. Freehold 601sqm section under one title, offering excellent land value and future potential. Ideal For: - Savvy investors looking to add a high-yield property to their portfolio. - Large or extended families who want to keep parents or children close while maintaining independent living. - Homeowners who can live in one dwelling and rent out the other to help with mortgage repayments. Prime Papatoetoe Location: ? Easy access to motorways, making commuting a breeze. ? Close to Aorere College and other reputable schools. ? Near public transport, shopping centres, and everyday amenities, ensuring convenience for tenants and owners alike. Well-Maintained & Tenanted ? No Hassle for Buyers! Both properties have been kept neat and tidy by long-term tenants who are happy to stay on, providing instant rental income for the next owner. MUST SELL at Auction ? 2nd April 2025! The owners? circumstances have changed, and they are committed to selling this property on auction day. Don?t miss this rare chance to secure a dual-income investment or a perfect family setup! Contact us today for more details or to arrange a private viewing!

Features

5 bedrooms
2 bathrooms
1 carspace
1 garage space
601 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Papatoetoe over the last 12 months, the estimated median property value of 37A Alabaster Drive is $1.15m.

Median value
$1.15m
Estimated value range
$1.135 - $1.77m
Median days on market
28
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Papatoetoe. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 37A Alabaster Drive

2025
Sold
03 Apr 2025 by Moses Mani, of Barfoot & Thompson - Manukau

Happy sellers in Papatoetoe

81%
81% of sellers in Papatoetoe reported that their sale price either exceeded or met their price expectations.

Papatoetoe stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 310 reviews in Papatoetoe over the last 12 months.

Local market activity for 5 bedroom houses in Papatoetoe

In the last 12 months, 74 five-bedroom houses similar to 37A Alabaster Drive, have been sold.

This represents a 21% decrease in five-bedroom houses sales when compared to the previous 12 months.

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