Nestled in the prestigious Remuera, Auckland, this 2-bedroom, 1-bathroom residential unit at 2/41a Manawa Road boasts a prime 'Double Grammar' zone address. Constructed in 1970 with mixed materials for the walls and tiles for the roof, this cross-lease property sits on a level contour. The 90sqm floor area offers potential for personal touch and refurbishment. Notably, the capital value has surged by 25.49% from $1,020,000 in 2017 to $1,280,000 as of June 2021. The HouGarden AVM estimates the property at $1,290,000, while the latest sales history shows a significant increase from $260,000 in 1999 to $286,000 in 2001. This property is perfect for first-time buyers, singles/couples, or as a sound investment opportunity.
With a CV increase that outpaces the market, this property is a gem in the quiet cul-de-sac. The roof is in fair condition, and the walls are average, making it a blank canvas for the right buyer. The location is further enhanced by the proximity to high decile schools such as Auckland Grammar (9 decile), Victoria Avenue School (10 decile), Epsom Girls' Grammar School (9 decile), Baradene College (9 decile), and Remuera Intermediate (8 decile), making it an ideal choice for families with educational priorities.
Set in a serene environment, this property is a rare find in the highly sought-after 'Double Grammar' zone. It's an opportunity not to be missed, especially for those seeking a quality lifestyle with easy access to top educational institutions.
Updated on September 06, 2024