Embrace this extraordinary investment opportunity at 26 Burbank Avenue, a freehold property in a tranquil cul-de-sac of Manurewa, Auckland. This residential haven, with its fibrous cement walls and tiled roof, boasts 9 bedrooms, 1 bathroom, and 2 car parks, spread over a floor area of 200 square meters and a generous land area of 620 square meters. The property's Capital Value (CV) has seen a remarkable increase of 30.68% from $880,000 in 2017 to $1,150,000 as of June 2021. HouGarden's AVM estimates the property's worth at $1,102,500, while the latest sale in 2024 was for $1,060,000, signifying a substantial growth from the 2014 sale price of $300,000.
For families with educational considerations, the property falls within the zones of Manurewa High School, Clendon Park School, Manurewa Intermediate, and James Cook High School, all rating a decile of 1. This indicates a high standard of education available within the local area.
Whether you're an investor seeking a perfect rental with long-term growth potential or a family looking for a spacious and comfortable home, this property is a golden opportunity. Its recent renovations, versatile living spaces, and prime location make it a lucrative prospect with promising returns.
Updated on April 18, 2024