Nestled in the serene Manurewa, at 2/57 Orams Road, this charming residential unit is a gem of brick and tile construction from 1969. Offering a comfortable living space of 100m², the property boasts 2 bedrooms, 1 bathroom, and a single carpark. The cross-lease title adds to the value of this home, which features tile roofing and brick walls in average condition, along with wooden floors and ample storage. It's a fantastic entry-level property in a sought-after location, with easy access to the motorway and Manukau City, and a short stroll to the Botanical Gardens.
With a rich history, the property's capital value has seen a substantial increase of 24.53% from $530,000 in 2017 to $660,000 as of 2021. The HouGarden AVM estimates the property's worth at $640,000, while the latest sales were recorded at $650,000 in 2024 and $450,000 in 2015. This is a clear indicator of the property's growing equity and investment potential.
For families with school-aged children, the property falls within the zones of Manurewa High School (decile 1) and Hillpark School (decile 4), ensuring quality education options. This property is not just a home; it's an opportunity to join a thriving community and an excellent school network.
Updated on August 01, 2024