6 Grebe Street, Manurewa, Auckland - Manukau

Located at 6 Grebe Street, Manurewa, Auckland - Manukau, this property presents a unique investment opportunity. It features three bedrooms, a spacious section, and a double garage, all within a 109m² floor area and a generous 660m² land area. The property, built in 1964, boasts fibrous cement walls in good condition and an iron roof in average condition. It's a freehold property categorized as Residential - Vacant land multiple housing, with a level contour, making it an attractive option for investors and families alike.

Over the years, the capital value of this property has seen significant growth, from $610,000 in July 2017 to $880,000 in June 2021, marking a 44.26% increase. The latest HouGarden AVM estimates its value at $842,500. This property has a history of sales, with transactions recorded at $75,000 in February 1987 and $93,000 in August 1989. This upward trend in value underscores the property's potential as a lucrative investment.

The property is situated in a zone that serves Manurewa Intermediate, James Cook High School, and Manurewa South School, all of which have a decile rating of 1. This location offers great educational opportunities, making it ideal for families looking to provide their children with quality education.

Updated on April 05, 2024.