Nestled in a peaceful cul-de-sac at 3/52 Marr Road, Manurewa, this 1985-built residential unit boasts 2 bedrooms, 1 bathroom, and a single carpark. It sits on an easy-to-moderate fall contour with fibrous cement walls and tiled roofing, both in good condition. The property, with a floor area of 70 square meters, is under a Cross-Lease ownership. The current Government Valuation (CV) of $590,000 as of June 2021, shows a rapid increase of 28.26% from the $460,000 in July 2017.
Valuation history also reveals a HouGarden AVM of $547,500, indicating a lucrative investment opportunity. The recent sales history and the increasing CV reflect a promising growth trend in the property's capital value. This is a perfect chance for buyers looking for both a home and an investment.
For families with children, the property falls within the decile 1 school zones of Homai School, Manurewa High School, and Manurewa Intermediate, ensuring access to quality education. The convenient location, close to Homai train station and shopping centers, adds to the appeal of this property.
Updated on May 10, 2024