Nestled in the heart of Manly, this charming Kiwi bach at 933a Whangaparaoa Road boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1940 with fibrous cement walls in good condition and an iron roof that's average, this residential dwelling sits on a level contour. It's a cross-lease property with a floor area of 56 square meters, perfect for those seeking a renovation project. The capital value has seen a rapid increase of 29.03%, from $620,000 in 2017 to $800,000 as of June 2021. The HouGarden AVM estimates it at $745,000, while the latest sale was for $655,000 in February 2021.
With a CV growth that outpaces the market, this property is not just an investment but a smart one. The recent sale history shows a significant jump from $210,000 in 2004, indicating strong long-term value. Located in a sought-after school zone, with both Whangaparaoa College (Year 7-15) and Whangaparaoa School (Auckland) rated at a decile of 9, this home is ideal for families.
Imagine living steps away from Manly Village and the serene Little Manly Beach, with views of the sea from your front door. This is an opportunity to renovate and transform this property into your dream home, all while enjoying the conveniences and charm of coastal living. Don't miss the chance to secure this property at a bargain price in a prime location.
Updated on May 28, 2024