Nestled in a quiet cul-de-sac at 20 Beaumonts Way, Manurewa, Auckland, this freehold property is a gem with immense potential. Constructed in 1960 with brick walls and tiled roof, the 120m2 home sits on a level 733m2 land. It boasts 3 bedrooms, 1 bathroom, and 2 car parks. The property has seen a significant Capital Value (CV) increase of 43.8% from $630,000 in 2017 to $900,000 as of June 2021. HouGarden's AVM estimates it at $862,500, while the latest sale was for $787,000 in August 2020. Approved for 5 lots, it's a golden opportunity for developers or for those seeking a rewarding renovation project.
With a CV growth that outpaces the market and a history of appreciating value, this property is not just an investment but a step towards a brighter future. The recent sale history and AVM reflect the property's allure, making it an attractive prospect for both investors and homeowners.
For families, the property falls within the decile 1 school zones of Manurewa Intermediate, James Cook High School, and Manurewa South School, ensuring quality education is within reach. This property is not just a home; it's a promise of convenience, comfort, and potential waiting to be realized.
Updated on October 22, 2024