Nestled in a quiet cul-de-sac at 5 Mcgreal Place, Manurewa, Auckland, this residential dwelling on a freehold section of 636m2 offers immense potential. The 3-bedroom, 1-bathroom home, built in 1984 with a fibrous cement exterior and tiled roof, both in good condition, is perfect for buyers seeking a renovation project. The property boasts an open-plan living area, a standalone double garage with utility rooms, and a yard that's fully fenced for security. With a CV of $720,000 as of June 2021, a 45.45% increase since July 2017, and an estimated value of $725,000 by HouGarden AVM, this property's investment potential is clear. The latest sale history includes a transaction of $720,000 in August 2023, following $500,000 in December 2015. Its location in a mixed housing suburban zone, with easy access to Finlayson Park School, James Cook High School, and Weymouth School, all with deciles 1 and 2, adds to its appeal.
For those not afraid of a bit of hard work, this home is a golden opportunity, ready to reward its new owners with the fruits of their labor. Close to public transport, shopping malls, and eateries, and only minutes away from Auckland Airport and motorway links, the convenience of this property is undeniable. Don't miss the chance to secure this property in a market where such gems are hard to find.
With a school network that includes highly-rated institutions, this property is not just a home but a smart investment in education. The nearby schools, including Finlayson Park and James Cook High, cater to various educational levels and are known for their commitment to student success.
Updated on September 03, 2024