99 Gloucester Road, Manurewa, Auckland - Manukau

Nestled in a serene cul-de-sac at 99 Gloucester Road, Manurewa, Auckland, this freehold property built in 1960 is a charming residence that combines the warmth of wooden walls with the durability of iron roofing. Spanning a floor area of 93 square meters and a land area of 325 square meters, it boasts three comfortable bedrooms, a single bathroom, and a carpark. The property has seen a 35.19% increase in Capital Value from $540,000 in 2017 to the current $730,000 as of June 2021, reflecting a sound investment opportunity. The latest sale history shows transactions at $610,000 in March 2018 and $513,043 just prior, while the HouGarden AVM estimates the property at $680,000, indicating a consistent growth trend.

For families, the property falls within the decile 1 school zones of Manurewa High School, Manurewa Intermediate, Manurewa West School, and James Cook High School, ensuring top-notch education facilities for children of all ages. The open-plan living area, complete with a heat pump for year-round comfort, neutral decor, separate laundry, and ample storage, is designed with family living in mind. Outside, the spacious grounds offer potential for further enhancement, adding value to this already attractive investment.

With its convenient location near shopping centers and the train station, this property is not only an ideal family home but also a lucrative venture for investors. The combination of a quality build, a strong CV growth history, and an excellent school network makes this property a stand-out choice in the market.

Updated on June 21, 2024