Nestled in the vibrant Manukau CBD, this 1-bedroom, 1-bathroom unit with a single carpark presents a prime opportunity for singles, couples, and investors. Constructed in 2009 with concrete walls and roof, this 30sqm Unit Title property is in good condition and boasts a conservatory and air conditioning. The capital value has seen a significant increase from $290,000 in 2017 to $340,000 as of June 2021, reflecting a growth rate of 17.24%. The latest sales were recorded at $280,000 in 2024 and $332,000 in 2022, while the HouGarden AVM estimates the property's value at $340,000. Educationally, the property falls within the zones of Puhinui School (Decile 3), Papatoetoe Intermediate (Decile 2), and Papatoetoe High School (Year 9-15, Decile 3). This fully furnished freehold studio apartment on the 10th floor is not only an outstanding investment but also a convenient and secure lifestyle choice.
With a range of quality chattels included and Manukau's bustling activities, including the upcoming educational campuses and the modern train station expected to serve 600,000 commuters yearly, this property offers an enviable blend of location, convenience, security, and quality. It's a chance to be part of the buzz, with easy access to shopping malls, parks, restaurants, and cafes, as well as quick routes to the airport and motorway.
Act now to secure this highly sought-after treasure in an area where centrally positioned quality accommodation is in limited supply and demand is set to rise.
Updated on November 20, 2024