Nestled in the serene Hillpark, this residential dwelling at 1/34 Orams Road boasts a charming 3-bedroom, 3-carpark configuration on a cross-lease title. Constructed in 1960 with iron roofing and wooden walls in average condition, this home sits on a property with an easy/moderate contour. The 136sqm floor area is complemented by an additional utility room, presenting a versatile living space. Notably, the capital value has seen a rapid increase of 26.57% from $640,000 in 2017 to $810,000 as of June 2021. The HouGarden AVM estimates the property at $755,000, while the latest sales history shows a promising trend with a sale in 2012 at $327,500 and another in 2009 at $260,000.
For investors and families alike, the government valuation and sales history indicate strong growth potential. Moreover, the property falls within the decile 1 Manurewa High School and decile 4 Hillpark School zones, ensuring quality education options. This home, located close to Westfield Manukau, transport links, and other amenities, is indeed a rough diamond waiting to be polished into a lucrative investment or a cozy family abode.
With a motivated vendor and an upcoming auction, this is a golden opportunity for those seeking a prime location with significant upside potential. Whether you're a first-home buyer or a seasoned investor, this property invites you to unlock its vast potential and transform it into a golden goose.
Updated on June 28, 2024