Located at 52 Beaumonts Way, Manurewa, Auckland - Manukau, this property is a prime development site on a spacious 733sqm land area with a floor area of 106sqm. It features three bedrooms, one bathroom, and two carparks, making it an ideal investment for developers, land bankers, first home buyers, and investors. The property is zoned for mixed housing urban and benefits from existing stormwater and wastewater council services. The weatherboard house with an iron roof and wood walls provides a solid foundation for any project. Its condition is rated average, and the land has an easy/moderate fall contour.
Over the years, the property has seen significant capital value growth, from $600,000 in July 2017 to $900,000 in June 2021, marking a 50% increase. The HouGarden AVM estimates its value at $887,500. Historical sales data shows a sale in January 2014 for $365,000 and in February 2006 for $249,000. This property's potential is underscored by its rapid value appreciation and prime location.
The property is situated within the school zones of Manurewa Intermediate, James Cook High School, and Manurewa South School, all of which have a decile rating of 1. Its location offers easy access to Beaumonts Park, schools, shops, the train station, and Manurewa town center, making it convenient for families and professionals alike. The proximity to the motorway also ensures easy commuting.
Updated on March 22, 2024.