Nestled on a serene cul-de-sac at 37 Ferguson Street, Manurewa, Auckland, this 1963-built residential property offers a promising investment opportunity on a freehold title. The 3-bedroom, 2-car park home sits on a flat, rectangular section of approximately 685sqm. Constructed with fibrous cement walls and an iron roof, both in average condition, the property presents a cozy interior with a tidy kitchen and bathroom. Notably, the capital value has seen a 33.33% increase from $630,000 in 2017 to $840,000 as of June 2021, with the HouGarden AVM estimating it at $842,500. The latest sales were recorded at $720,000 in 2024 and $460,000 in 2016, indicating a steady growth trend.
For families, the property falls within the zones of Manurewa East School, a contributing primary with a decile rating of 1, and Alfriston College, a secondary school with a decile rating of 2. This prime urban land is not only an ideal rental investment but also holds potential for development, with immediate possession available for swift movers. It's a golden opportunity for investors or renovators seeking to capitalize on the market's upward trajectory.
Located in a neighborhood with excellent future potential, the property is close to the train station and all essential amenities, making it a convenient choice for modern living.
Updated on September 18, 2024
adresse | distance | nombre de chambres | nombre de salles de bain | superficie du bâtiment | date de vente | prix de vente | source de données | |
|---|---|---|---|---|---|---|---|---|
 | 0.19 km | 3 | 1 | -m2 | 2024 11 27 | $810,000 | Council approved | |
 | 0.28 km | 3 | 1 | 110m2 | 2024 11 12 | - | Council approved | |
 | 0.26 km | 6 | 2 | 185m2 | 2024 10 25 | - | Council approved | |
 | 0.13 km | 3 | 1 | 0m2 | 2024 09 01 | - | Council approved | |
 | 0.17 km | 3 | 2 | -m2 | 2024 09 01 | - | Council approved |