Located at 822a Whangaparaoa Road, Manly, Auckland - Rodney, this residential dwelling is a testament to solid construction and potential. Built in 1986, the property features 2 bedrooms with the possibility of converting into 3, catering to those on a tight budget. The house is constructed with brick walls and tile roofing, both in good condition, ensuring durability. It spans a floor area of 130 square meters, with a single carpark space available. Despite having no land area due to its Cross-Lease ownership type, the property's contour is described as having an easy/moderate fall, making it an attractive option for many.
The property has seen a significant increase in its capital value, from $730,000 on July 1, 2017, to $910,000 on June 1, 2021, marking a 24.66% rise. This growth is indicative of the property's increasing market value. The latest HouGarden AVM estimates the property's value at $897,500. Historical sales data reveals that the property was sold for $321,000 on September 12, 2011, and for $252,500 on November 11, 1997. This trajectory underscores the property's appreciating value over time, making it a potentially lucrative investment.
The property is zoned for two highly regarded schools: Whangaparaoa College and Whangaparaoa School (Auckland), both with a decile rating of 9. This zoning places the property in an enviable position for families seeking quality education options. The schools cater to secondary (Year 7-15) and contributing levels, respectively, offering comprehensive educational pathways for children.