91 Etherton Drive, Manurewa, Auckland - Manukau

Nestled in the vibrant heart of Manurewa, Auckland, this charming freehold property at 91 Etherton Drive boasts 3 bedrooms, 1 bathroom, and an open-plan kitchen/dining/lounge. Constructed in 1990 with a fibrous cement exterior and tiled roof, both in good condition, this 85m² home sits on a levelled 601m² section. The capital value has seen a rapid increase of 44.90% from $490,000 in 2017 to $710,000 as of June 2021. The HouGarden AVM estimates it at $660,000, while the latest sale was in 2012 for $230,000.

With a CV growth that outpaces the market, this property presents a sound investment. It's located in a quiet cul-de-sac, close to motorways, shops, and public transport, enhancing its appeal. The property falls within the Te Matauranga School (Decile 1) and James Cook High School (Decile 1) zones, with Weymouth School (Decile 2) also in proximity, making it an ideal choice for families.

Despite being warm and sturdy as it is, this property holds immense potential for renovation or as a starter home. The practical location and the prospect of added value make it a must-consider opportunity for buyers looking to enter the market or add to their portfolio.

Updated on May 29, 2024