4 Tawa Crescent, Manurewa, Auckland - Manukau

Embrace the investment potential at 4 Tawa Crescent, Manurewa, a prime property set in a tranquil cul-de-sac. This charming 3-bedroom, 1-bathroom residence is built on an expansive 809sqm freehold section with a solid brick exterior and tiled roof, both in good condition, dating back to 1957. The site's contour allows for easy development, complemented by a capital value increase of 63.19% from $660,000 in 2017 to the current $1,075,000 as of June 2021. The property also boasts a HouGarden AVM of $1,047,500 and a history of two recent sales, indicating a growing market value.

With a CV increase that outpaces the market average, this property presents a golden opportunity for investors. The latest sale records from 2014 and 2013 showcase a significant appreciation in value. Moreover, the property's location within the Manurewa school zone, including Manurewa Intermediate, James Cook High School, and Manurewa South School, all with a decile rating of 1, adds to the property's allure for families seeking top-notch education for their children.

Not only does this property offer a comfortable family home, but its generous land area also holds potential for subdivision, making it an investor's dream. Whether you're looking to capitalize on the existing structure or explore further development prospects, 4 Tawa Crescent is a gateway to a rewarding investment that promises growth and opportunity.

Updated on August 01, 2024