Nestled at 774 Whangaparaoa Road, Manly, Auckland, this residential dwelling on a freehold title boasts 4 bedrooms and 1 bathroom. Constructed in 1950 with wood walls and an iron roof, it sits on a 402sqm plot with a floor area of 150sqm. The property, featuring an easy/moderate fall contour, has seen a significant increase in Capital Value (CV) from $690,000 in 2017 to $1,000,000 as of June 2021, marking a growth of 44.93%. The latest sale was recorded in 2015 for $675,000, while the current HouGarden AVM estimates it at $837,500.
With a CV increase that outpaces the market average, this property is not just a home but a sound investment. The Whangaparaoa College and Whangaparaoa School, both with a decile rating of 9, are in the vicinity, making it an ideal choice for families seeking top-notch education. The property's dual living potential, with upstairs and downstairs units, offers a unique opportunity for investors or first-time buyers to secure a steady income stream.
Located in a prime coastal area, it's mere steps away from the Whangaparaoa Primary School, shopping center, and a selection of scenic beaches. This property is not just about comfort and convenience; it's about investing in a lifestyle that promises a prosperous future.
Updated on June 17, 2024