2/8 Russell Road, Manurewa, Auckland - Manukau

Nestled in the heart of Manurewa, thisbrick & tile beauty on a cross-lease title at 2/8 Russell Road boasts 2 bedrooms, a single carpark, and a floor area of 103m2. Constructed in 1973 with quality brick walls and tiled roof, both in good condition, this property is perfect for those seeking a low-maintenance home. The government's capital value (CV) has seen a significant increase from $540,000 in 2017 to $680,000 as of June 2021, reflecting a growth of 25.93%. The HouGarden AVM estimates the property's worth at $675,000, while the latest sales were recorded at $478,000 in 2019 and $362,500 in 2015.

With a decile 1 rating, the Manurewa Intermediate, Manurewa West School, and James Cook High School are all within the catchment area, offering a comprehensive education network. This home's potential is unlocked with the possibility of converting into a 3-bedroom layout, subject to council approvals, making it an ideal investment for both rental income and family living.

Set in a tranquil cul-de-sac, the property is close to amenities like Southmall shopping, the library, and railway station. It's currently tenanted at $500 per week, providing a steady income stream. This is a chance not to miss, to secure a solid property with immense potential in a thriving location.

Updated on November 22, 2024