10 Maida Vale, Manurewa, Auckland - Manukau

Nestled at 10 Maida Vale, Manurewa, Auckland, this Freehold property is a charming residential-vacant land with multiple housing potential. Constructed in 1971, the 86sqm floor area home boasts wood walls and tiled roofing, both in average condition. It sits on a levelled 607sqm land, complete with a new kitchen, a 3M X 6M garage, and a garden shed. The property's Capital Value (CV) has seen a impressive growth of 52.73% from $550,000 in 2017 to $840,000 as of June 2021. HouGarden AVM estimates it at $805,000, while the latest sale was in 1998 for $175,000. This property is not just a home; it's a golden opportunity for first-home buyers and investors.

With a CV increase that outpaces the market, this property is a sound investment. Its strategic location within the Residential-Mixed Housing Suburban Zone and proximity to essential services make it a prime catch. The potential for renovation, expansion, or transformation is endless, and it's this potential that makes it a priced-to-sell offer at $799,000.

For families with school-aged children, the property falls within the zone of several schools, including Manurewa High School, Clendon Park School, Manurewa Intermediate, and James Cook High School, all with a decile rating of 1. This property is not just a piece of land; it's a gateway to quality education and a promising future.

Updated on April 19, 2024