Nestled in the heart of Manurewa at 11a Ellen Street, this charming residential dwelling on a freehold 429 sqm section boasts a solid Iron roof and well-maintained Wood exterior walls. Constructed in 1950, the property is in good condition both inside and out. With 3 bedrooms, 1 bathroom, and a spacious 81 sqm floor area, it's perfect for small families or young professionals. The property's Capital Value has seen a rapid increase of 32%, from $500,000 in 2017 to $660,000 as of June 2021, reflecting its growing desirability. The latest sale in 2018 was for $555,000, while the current HouGarden AVM estimates it at $602,500.
For families with children, the property falls within the zones of highly regarded schools such as Alfriston College and Manurewa East School, with respective deciles of 2 and 1. The convenient location, close to public transport and motorway access, adds to the appeal of this property. It's an opportunity not to be missed, especially with the rental appraisal indicating potential returns of $660-$690 per week.
Don't let this rare gem slip through your fingers - secure this starter home with its attractive CV growth potential, excellent school zones, and prime location before it's too late.
Updated on December 04, 2024