Nestled in the tranquility of a quiet cul-de-sac at 1/47 Eddowes Street, Manurewa, Auckland, this 1970-built residential unit boasts 2 bedrooms, 1 bathroom, and a single carpark. The 65-square meter floor area is complemented by an Iron roof and Concrete walls, all in average condition. This Cross-Lease property has seen a significant increase in Capital Value (CV), rising from $470,000 in 2017 to $590,000 as of June 2021, marking a growth rate of 25.53%. The property, with a HouGarden AVM of $572,500, also has a notable sales history, with transactions in 1986 and 2001, indicating its long-term value appreciation.
As for the government valuations, the latest CV reflects a promising investment prospect. The property's convenient location is further enhanced by its proximity to schools, with Manurewa Intermediate, Leabank School, and James Cook High School, all in decile 1, forming an excellent educational network. This recently renovated home, complete with a modern kitchen featuring a stylish timber benchtop and a cozy bathroom, is equipped with a heat pump for comfort all year round. The open-plan living and dining area maximize family time, while the low-maintenance lifestyle it offers is truly a gem in the bustling city.
Educationally endowed and investment-wise, this property is not just a home but a smart choice for the future. Located in a prime school zone, it's an ideal setting for families looking to settle in a nurturing environment. With a large front yard and the picturesque Mountfort Park as its neighbor, this property invites you to move in and relax, enjoying the perfect blend of convenience, comfort, and community.
Updated on August 26, 2024