Nestled in a serene cul-de-sac on a generous 604m2 section at 73 Holmes Road, Manurewa, this freehold property is a charming residential dwelling. Constructed in 1960 with fibrous cement walls and iron roofing, it boasts 4 bedrooms, 2 carparks, and a floor area of 134m2. The property's capital value has seen a rapid increase of 40%, jumping from $600,000 in 2017 to $840,000 as of June 2021. The HouGarden AVM estimates it at $805,000, making it an attractive prospect for investors. The roof and walls are in average condition, offering opportunities for renovation.
With a history of appreciating value, this property sold recently and is primed for further growth. Its potential is undeniable, whether you choose to renovate or rebuild. The CV increase percentage is a testament to the area's desirability and investment potential. This is a property that rewards those with a keen eye for value and a vision for transformation.
For families, the school network is a significant draw. James Cook High School, a secondary school with a decile rating of 1, and Clayton Park School, a full primary with a decile rating of 2, are within easy reach. This property not only offers a comfortable living environment but also ensures access to quality education.
Updated on May 01, 2024