157 Maraetai Drive, Maraetai, Auckland - Manukau

Located at 157 Maraetai Drive, Maraetai, Auckland - Manukau, this residential property offers a unique blend of home and income potential. It features 4 bedrooms, 1 bathroom, and 2 car parks, with a floor area of 138 square meters and a land area of 809 square meters. The property is a freehold ownership type, boasting wooden wall construction and an iron roof, both in average condition. The contour of the property is described as having an easy/moderate fall, making it an attractive option for various buyers.

Over the years, the capital value of this property has seen a significant increase, from $1,000,000 on July 1, 2017, to $1,250,000 on June 1, 2021, marking a 25% growth. The HouGarden AVM estimates the property's value at $1,195,000. Its latest sale was recorded on January 30, 2024, for $1,027,000, showing a steady appreciation from its previous sale at $435,000 on April 27, 2012. This property not only promises comfortable living but also offers an additional income stream, making it an exceptional opportunity for investors, first-time homebuyers, or those interested in a renovation project.

Education is a priority, and this property is zoned for top-rated schools including Star of the Sea School (Howick) with a decile rating of 9, Howick College with a decile of 8, Sancta Maria College with a decile of 7, and Maraetai Beach School with a perfect decile rating of 10. These schools offer quality education from primary through to secondary levels, ensuring a bright future for the younger residents.

Updated on April 06, 2024.