Nestled in a serene cul-de-sac at 1 Sterling Avenue, Manurewa, Auckland, this 1962-built, freehold property is a charming residential vacant land with multiple housing potential. The 3-bedroom, 130sqm brick home, sitting on a 680sqm plot, boasts of a well-maintained brick exterior and an iron roof in good condition. Inside, the separately sized lounge leads to a front terrace, complemented by a heat pump for all-season comfort. The property's CV has seen a significant increase from $630,000 in 2017 to $880,000 as of June 2021, reflecting a growth of 39.68%. The HouGarden AVM estimates the property at $805,000, making it an attractive investment. The home is served by the Manurewa East School with a decile rating of 1 and Alfriston College, a secondary school with a decile rating of 2.
With its original condition, this property presents a unique opportunity to add value. The combined kitchen and dining area are bright, and the three double bedrooms offer ample storage. The family bathroom, separate toilet, and additional storage cupboards complete the interior. Outside, a fenced backyard with a pool area is perfect for children to play. Conveniently located near local amenities, schools, and with easy motorway access, this property is ideal for both families and investors.
As a deceased estate and with only one owner, this property is a rare find. It is set to be auctioned on 9th December 2024, unless sold prior, presenting a chance to own a piece of Manurewa's history.
Updated on December 13, 2024