Nestled in the heart of Manurewa, Auckland, this 106m² residential dwelling on a 470m² freehold section at 313 Great South Road is a gem waiting to be polished. Constructed in 1950 with solid wood walls and brick roofing, both in good condition, this home presents a unique opportunity with its 1 carpark and versatile layout. Whether you're looking to renovate, invest, or develop, the potential is vast with its Business-Mixed Use zoning.
From a financial perspective, the property's Capital Value (CV) as of June 2021 stands at $760,000, while the HouGarden AVM estimates it at $695,000. The property's value has been on a steady rise, making it an attractive prospect. The recent sales history and the current tenancy at $650 per week only add to its allure as a sound investment.
For families, the school zone is a significant draw. The local schools boast impressive decile ratings, ensuring a quality education for children. This property is not just a home; it's an investment in your family's future.
Updated on December 18, 2024