Nestled in a quiet cul-de-sac at 16 Feasegate Street, Manurewa, Auckland, this 1971-built residential property offers a promising investment opportunity. It boasts 3 bedrooms, 1 bathroom, and 2 car parks, with a floor area of 100 sqm and a generous land area of 607 sqm under a Freehold title. The property features wood exterior walls in good condition and an iron roof that's average. With a government capital value (CV) of $840,000 as of June 2021, it has shown a remarkable growth of 55.56% since July 2017. The property also has an HouGarden AVM of $805,000, indicating a high potential for value appreciation.
History shows a promising trend with the property's CV increasing rapidly, and the recent sale history reflects the market's confidence in this area. This is a perfect opportunity for those looking to enter the property market with a project that promises returns. The added bonus of an extra workshop, double garage, and a location that's close to Browns Road Shopping Centre and Homai Train Station, only sweetens the deal.
For families with children, the property falls within the zone of several schools, including Manurewa High School, Clendon Park School, Manurewa Intermediate, and James Cook High School, all with a decile rating of 1. This indicates a supportive educational environment for your children's growth. Secure this prime property today and unlock its full potential!
Updated on October 03, 2024