Located at 26 Oratu Place, Manurewa, Auckland - Manukau, this residential dwelling is a testament to potential and opportunity. Boasting 3 bedrooms, 1 bathroom, and 1 carpark, the property spans a floor area of 98sqm on a generous 427sqm freehold land. Constructed in 1999 with solid brick walls and an iron roof, both in good condition, it sits on level ground, promising a sturdy and reliable home. The property's layout is thoughtfully designed, featuring spacious open-plan living, dining, and kitchen areas, making it an ideal canvas for transformation.
The capital value of this property has seen a significant increase, from $570,000 in July 2017 to $780,000 in June 2021, marking a 36.84% growth. The latest HouGarden AVM estimates its value at $770,000. Historical sales data reveals a steady appreciation in value, with sales recorded at $105,000 in September 1999 and $129,000 in February 2003. This trend underscores the property's solid investment potential and the opportunity for substantial rewards through renovation and development.
Education is a cornerstone of this property's appeal, situated within the zones of Finlayson Park School, Manurewa Intermediate, Rowandale School, and James Cook High School, all of which are decile 1 institutions. This proximity to local schools adds to the convenience and desirability of the property, making it a compelling choice for families seeking quality education options.
Updated on March 21, 2024.