85 Coxhead Road, Manurewa, Auckland - Manukau

Nestled at 85 Coxhead Road, Manurewa, Auckland, within a serene cul-de-sac, this 1960-built residential property on a freehold title boasts 3 bedrooms, 2 bathrooms, and a single carpark. The 120sqm floor area is complemented by a spacious 688sqm land area, featuring an iron roof and wooden exterior walls in average condition. The property's capital value has seen a significant increase from $620,000 in 2017 to $860,000 as of June 2021, reflecting a growth rate of 38.71%. This well-maintained property is perfect for developers and investors, with all necessary consents in place, and is ready for immediate occupation or rental.

With a HouGarden AVM of $790,000, the latest sale history includes a transaction in 2020 for $720,000 and an earlier one in 1996 for $130,000. This indicates a promising investment opportunity with a steady rise in value. The vendors are motivated, offering flexible settlement terms to accommodate the buyer's financial planning.

For families, the property falls within the decile 1 school zones of Manurewa Intermediate, Leabank School, and James Cook High School, ensuring access to quality education. This combination of location, value appreciation, and educational amenities makes it an irresistible proposition for both investors and families.

Updated on December 06, 2024