Nestled in the serene cul-de-sac of Manawa Road, this impressive 5-bedroom freehold property, built in 2002, boasts a capital value of $3,075,000 as of June 2021. The residence, with its roughcast walls and iron roof in good condition, stands on a levelled 512sqm of land, offering a vast floor area of 297sqm. Ample parking is provided with 2 car parks. Notably, the property has seen a CV increase of 28.125% since July 2017, indicating a sound investment in the Auckland real estate market.
History reveals a promising trend with the latest sale recorded in 2006 at $1,235,000, following an earlier sale in 2002 at $1,120,000. HouGarden AVM estimates the property's worth at $2,950,000, making it an attractive prospect for potential buyers. The property's value has been further enhanced by its location in the highly sought-after Grammar zone, with schools like Auckland Grammar and Epsom Girls' Grammar School, both decile 9, in close proximity.
Education opportunities are abundant with the nearby Victoria Avenue School, a decile 10 institution, and Baradene College, Remuera Intermediate, all within easy reach. This home's prime location, combined with its spacious layout and access to quality education, makes it an ideal choice for families seeking a tranquil yet centrally located lifestyle.
Updated on October 31, 2024