Nestled on a serene cul-de-sac at 10 Mckean Avenue, Manurewa, Auckland, this 1960-built residential property offers a prime vacant land for multiple housing. The freehold property boasts an area of 756sqm, with a floor space of 177sqm, and comes with 3 bedrooms, a single carpark, and an iron roof. The exterior walls are a mix of materials, and both the walls and roof are in average condition. The property has seen a significant Capital Value (CV) increase of 42.03%, from $690,000 in 2017 to $980,000 as of June 2021. The HouGarden AVM estimates the property's value at $912,500, while the latest sales were recorded at $431,000 in 2014 and $195,000 in 2001.
For families, the property falls within the decile 1 school zones of Manurewa Intermediate, Manurewa West School, and James Cook High School, ensuring quality education is within walking distance. This is an opportunity not to be missed, whether for renovation, development, or investment, with the market being open to all offers and feedback.
With its convenient location, close to schools, shops, public transport, and motorway access, this property presents endless potential. It's a chance to own a piece of history in a rapidly appreciating area, all on flexible terms for settlement and deposit.
Updated on June 14, 2024