Nestled in the tranquil cul-de-sac of Neems Place, Manurewa, Auckland, lies this inviting residential property on a freehold land of 850 sqm. Constructed in 1973 with fibrous cement walls and tiled roof, this home boasts 4 bedrooms, a carpark, and a spacious floor area of 190 sqm. The property's capital value has seen a rapid increase from $820,000 in 2017 to $1,100,000 as of June 2021, marking a growth of 34.15%. With its average wall and roof conditions, this property presents a golden opportunity for investors and families alike.
Valuation history shows a promising trend, with the HouGarden AVM estimating the property at $1,092,500. The latest sale records from 2013 and 2002 indicate a progressive appreciation in value. This is a smart investment in a rising market, below the current CV, offering immense potential for capital gains.
For families with children, the property falls within the catchment area 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 address not only promises a quality education but also a convenient and vibrant lifestyle close to amenities and recreational spaces.
Updated on November 21, 2024