Nestled in the serene cul-de-sac of 616a Manukau Road, Epsom, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1960 with brick walls and tiled roofing, the property presents an average condition both inside and out. The 85 square meter floor area is set on a level contour, providing a comfortable living space. This cross-lease property has seen a significant increase in Capital Value (CV), rising from $890,000 in July 2017 to $1,100,000 as of June 2021, indicating a growth rate of 23.60%.
As for valuation, the property's HouGarden AVM stands at $1,052,500, with the latest sale recorded on February 19, 2024, at the CV price of $1,100,000. This reflects a stable and promising investment in the Auckland real estate market.
Educationally, the property falls within the zone of several high-performing schools. Auckland Normal Intermediate and Baradene College, both with a decile rating of 9, are in close proximity. Royal Oak School, rated decile 8, and Onehunga High School, rated decile 3, also serve the area, making this property an ideal choice for families with school-aged children.
Updated on April 10, 2024