This charming property located at 3/2 Browns Road, Manurewa, Auckland - Manukau, offers a unique blend of convenience and potential. Comprising 2 bedrooms, 1 bathroom, and 1 carpark, this solid brick construction spans a floor area of 70 square meters. Built in 1960, the house features an iron roof and brick walls, both in average condition, set on a level cross-lease section. This residential ownership home unit is perfect for those seeking a blend of comfort and potential.
From a financial perspective, the property has shown promising growth. The capital value has increased from $425,000 in July 2017 to $550,000 in June 2021, marking a 29.41% increase. Despite this, the latest sale on February 1, 2024, was at $450,000, slightly below the HouGarden AVM of $530,000. This discrepancy highlights a potential opportunity for investors or first-time buyers to capitalize on the property's value.
The property falls within the zone for Homai School (decile 1), Manurewa High School (decile 1), and Manurewa Intermediate (decile 1), making it an ideal choice for families prioritizing education. Each of these schools caters to different educational needs, from contributing to intermediate to secondary levels, ensuring a comprehensive educational pathway for children.
Updated on April 05, 2024.