Nestled in a serene cul-de-sac at 4/44 Jellicoe Road, Manurewa, Auckland, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1970 with wood walls and tiled roof, both in good condition, this 100-square-meter property sits on a level contour. The ownership type is Cross-Lease, ensuring privacy and exclusive rights within the fully fenced section. Notably, the property's Capital Value (CV) has seen a rapid increase of 29.79% from $470,000 in 2017 to $610,000 as of June 2021. HouGarden AVM estimates the property's value at $582,500, while the latest sales history shows a significant jump from $75,500 in 1993 to $102,000 in 2000.
For families, the property falls within the decile 1 school zones of Homai School (Contributing), Manurewa High School (Secondary), and Manurewa Intermediate, ensuring quality education options within walking distance. This starter home, with its prime location next to tennis courts and an athletics park, is not only convenient but also represents a fantastic opportunity to climb the property ladder.
With a single lock-up garage and the potential for immediate possession, this vacant unit is ready for its new owners. The property's brief highlights its potential to break free from renting, making it an attractive prospect for first-time buyers or investors.
Updated on April 12, 2024