Nestled in a serene cul-de-sac at 122 Weymouth Road, Manurewa, Auckland, this freehold property is a charming residential dwelling built in 1962. It boasts 4 bedrooms, 1 bathroom, a single carpark, and a generous floor area of 108sqm, all set on a sprawling 685sqm lot. The home features wooden exterior walls and an iron roof, both in average condition, and is situated on a level contour, providing a solid foundation for potential value addition. With a CV of $930,000 as of June 2021, this property has seen a remarkable growth of 52.46% since July 2017, reflecting its investment potential.
History shows a consistent rise in value, with the HouGarden AVM estimating the property at $922,500. The latest sales were recorded on September 23, 2024, at $880,000, and November 24, 2020, at $903,000, indicating a stable market for this desirable location. The property currently generates a rental income of $770 per week, making it an attractive prospect for developers and investors alike.
For families, the property falls within the decile 1 school zones of Manurewa Intermediate, Leabank School, and James Cook High School, ensuring access to quality education. The convenient location, close to Manurewa Town centre and public transport, further enhances the appeal of this property, whether you're looking to nest or invest.
Updated on November 06, 2024