Nestled at the end of a quiet cul-de-sac on 1/19 Silver Creek Road, Manurewa, Auckland, this residential dwelling is a gem for the discerning investor. The 4-bedroom, 1-bathroom home with a single carpark is set on a level contour with a cross-lease title. Constructed in 1989, the property boasts good condition fibrous cement walls and tiled roofing. The 90sqm floor area is complemented by a heat pump and HRV system for comfort. The government's capital value has seen a 43.16% increase from $475,000 in 2017 to $680,000 as of June 2021. HouGarden AVM estimates the property at $685,000, while the latest sales history shows potential with a 2011 sale at $223,000 and a 2008 sale at $200,000. This is not just a property; it's a golden opportunity knocking.
With a CV on the rise and a history of appreciation, this property is strategically positioned in a high-growth area. The recent valuation surge is a testament to the investment potential. The rear garden, an added asset, is a blank canvas waiting to be transformed into a serene oasis. This is a chance to beat the market and secure a valuable asset that's set to grow in worth.
For families, the school network is a significant draw. James Cook High School, a secondary school with a decile rating of 1, and Weymouth School, a contributing primary with a decile rating of 2, are within the zone. This property not only promises financial growth but also quality education for the kids. The time to act is now, as opportunities like this don't last long.
Updated on October 02, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.13 km | 3 | 1 | 90m2 | 2024 10 23 | $616,500 | Council approved | |
 | 0.14 km | 3 | 1 | -m2 | 2024 10 01 | - | Council approved | |
 | 0.24 km | 4 | 1 | 80m2 | 2024 09 15 | $700,000 | Council approved | |
 | 0.07 km | 3 | 1 | 80m2 | 2024 08 20 | - | Council approved | |
 | 0.24 km | 3 | 1 | -m2 | 2024 08 01 | - | Council approved |