Nestled in the serene cul-de-sac of Adel Place, Manurewa, this charming freehold property boasts a capital value that has seen a remarkable growth of 43.40% since 2017. The residence, built in 1970 with a solid fibrous cement exterior and tiled roof, both in good condition, offers 3 bedrooms, 1 bathroom, and a generous 2-car parking space. Spanning an area of 91 square meters of floor space and 600 square meters of land, this home is perfect for starting out or as a wise investment. The latest valuation pegs the property at $760,000, with HouGarden AVM estimating it even higher at $765,000, while the last sale was recorded in 1985 at $57,000.
For families with school-going children, the property falls within the zones of James Cook High School, a secondary institution with a decile rating of 1, and Weymouth School, a contributing school with a decile rating of 2. The interior, though original, is ready for occupancy and offers the exciting prospect of gradual modernization. The spacious lounge opens up to a sunlit deck, and the open-plan kitchen smoothly transitions into a sizeable dining area, with a rear deck providing additional space for outdoor enjoyment.
With a large, powered garage and a backyard that invites leisure and play, this property is a gem for first-time buyers, investors, or anyone seeking a straightforward renovation project. The current owner, having resided here since the early 1980s, is now ready to pass the torch to new owners. Don't let this opportunity slip by; secure your viewing today.
Updated on September 03, 2024