12 Maida Vale, Manurewa, Auckland - Manukau

Located at 12 Maida Vale, Manurewa, Auckland - Manukau, this property presents a unique opportunity for investors or first-time buyers. The home, built in 1971, features 3 bedrooms, 1 bathroom, and spans a floor area of 77 sqm on a generous 607 sqm section of freehold land. The exterior boasts wood construction with an iron roof, both in average condition, and sits on a level contour. Despite lacking a dedicated carpark, the property compensates with its spacious land area and potential for enhancements.

Since 2017, the capital value of this property has seen a significant increase from $540,000 to $840,000, marking a 55.56% growth. The latest HouGarden AVM estimates its value at $805,000, while its most recent sale was in February 2024 for $701,000, up from $530,000 in October 2015. This trajectory underscores the property's appreciating value and potential for a solid investment.

The property is situated within the zone for several low-decile schools, including Manurewa High School, Clendon Park School, Manurewa Intermediate, and James Cook High School, all of which are decile 1. This could be an attractive feature for families looking for nearby educational facilities.

Updated on April 04, 2024.