Nestled on a prime freehold section at 131 Wordsworth Road, Manurewa, Auckland, this 95sqm residential property with a 3-bedroom house and 1 bathroom presents a lucrative opportunity for investors and first-time buyers. Constructed in 1976 with fibrous cement walls and tiled roofing, the property sits on a 607sqm section with an easy/moderate rise contour. The capital value has seen a 50% increase from $560,000 in 2017 to the current $840,000 as of June 2021. The property is zoned for mixed housing suburban development, adding to its investment potential.
With a HouGarden AVM of $805,000 and a history of sales at $430,435 in 2016 and $406,000 in 2015, this property is set to attract attention at the upcoming mortgagee auction. The auction is scheduled for 12:30pm, Tuesday, 16 April 2024, with a viewing confirmed for 3pm sharp on Thursday, 28th March 2024, ending at 3:15pm sharp.
For families with school-aged children, the property falls within the decile 1 school zones of Manurewa High School, Clendon Park School, Manurewa Intermediate, Rowandale School, and James Cook High School, ensuring quality education options.
Updated on April 18, 2024