Nestled in a quiet cul-de-sac at 9 Carter Place, Manurewa, Auckland, this 1976-built residential dwelling on a freehold site of 600 square meters offers immense potential. With a current Capital Value (CV) of $770,000, it has seen a remarkable increase of 45.28% from its previous CV of $530,000 in 2017. The 90 square meter floor area is home to three spacious bedrooms, one bathroom, and a single carpark. The fibrous cement walls and tiled roof are in need of attention, making it a prime candidate for a transformative renovation. This property, with its easy/moderate rise contour, is perfect for those looking to invest in a home with growth prospects.
History shows a HouGarden AVM estimate of $750,000, reflecting the property's market potential. This is an opportunity not to be missed, especially with a growth trend indicating a promising investment. The property's location within the catchment area of Finlayson Park School, Manurewa Intermediate, Rowandale School, and James Cook High School, all with a decile rating of 1, is a significant advantage for families with educational priorities.
For the handy buyer seeking a project to transform, this property on a fully fenced site is ideal. Its prime location, close to amenities, transport, and sought-after schools, presents an incredible chance to create your dream home. With the right vision and effort, this diamond in the rough could become a true standout in the neighborhood.
Updated on July 22, 2024