Located at 1/48 Russell Road, Manurewa, Auckland - Manukau, this residential property offers a unique blend of comfort and convenience with its 2 bedrooms, 1 bathroom, and an additional rumpus room, all spread across a 100m² floor area. The property, built in 1980, features brick walls in good condition and a tiled roof also in good condition. It sits on a level contour under a Cross-Lease ownership type, highlighting its appeal with a fully renovated interior, exclusive garden area, separate laundry, and an open plan kitchen, living, and dining area. Parking is made easy with 1 dedicated carpark.
From a financial perspective, the property has seen a significant increase in capital value, from $540,000 in July 2017 to $680,000 in June 2021, marking a 25.93% growth. The latest sale records show transactions at $680,000 in December 2023 and $546,000 in July 2023, with a current HouGarden AVM estimate at $650,000. This trajectory underscores the property's solid investment potential and market appeal.
Education is a priority, and this property does not disappoint, being zoned for Manurewa Intermediate, Manurewa West School, and James Cook High School, all of which are decile 1 institutions. This ensures access to quality education, making it an ideal home for families looking to provide their children with solid academic foundations.
Updated on April 06, 2024.