42 Estuary Road, Manurewa, Auckland - Manukau

This exquisite waterfront property boasts 5 bedrooms and 3 bathrooms, strategically positioned on an 825sqm corner section with a capital value of $1,250,000 as of June 2021, showing a significant increase of 37.36% from its previous valuation in July 2017. The 260sqm floor area offers a versatile layout, complete with a granny flat downstairs, making it an ideal investment opportunity. The property is situated at 42 Estuary Road, Manurewa, Auckland - Manukau, with a residential category of 'Vacant land multiple housing' and freehold title. Constructed in 1960, the house features a tiled roof and fibrous cement walls in average condition, set on a level contour. The site is fully fenced with dual access driveways and includes an internal double garage and additional carport, accommodating 2 cars.

Historically, the property's government valuation has shown a steady growth, with the latest HouGarden AVM estimating the property's worth at $1,029,500. The most recent sale was recorded on October 11, 2007, at $271,000, following an earlier sale on August 13, 2006, at $438,000. This indicates a promising investment with a substantial capital value increase.

For families with school-aged children, this property falls within the zones of both James Cook High School, a secondary school with a decile rating of 1, and Weymouth School, a contributing school with a decile rating of 2. The location is conveniently close to public transport, shopping centers, and other amenities.

Updated on June 20, 2024