Nestled in the serene cul-de-sac of Waimai Avenue, Manurewa, Auckland, lies a charming residential dwelling on a freehold property. Constructed in 1972 with brick walls and tiled roofing, this home boasts 3 bedrooms, a spacious floor area of 106sqm, and a generous land size of 635sqm. The property features a double carport, ensuring secure parking, and is fully fenced and gated for privacy and security. Notably, the capital value has seen a significant increase of 37.7% from $610,000 in 2017 to $840,000 as of June 2021. The HouGarden AVM estimates the property's worth at $820,000, making it a sound investment opportunity.
On the latest sale front, the property changed hands for $183,000 in 1999 and $127,500 in 1990, indicating a promising growth trajectory. This is further enhanced by its location within the catchment area of James Cook High School, a secondary school with a decile rating of 1, and Weymouth School, a contributing school with a decile rating of 2. Whether you seek a development site, an investment, or a family home, this property offers it all.
With a clear commitment from the vendors to sell, this is a chance not to be missed. The property is up for auction or sale prior, inviting developers and families alike to seize this prime opportunity in a sought-after school zone.
Updated on August 02, 2024