Nestled in the heart of Manurewa, Auckland, at 8 Mon Desir Place, lies this exceptional family home on a freehold site, boasting a capital value that has seen a remarkable increase of 43.86% since 2017. This residence, built in 1983 with mixed materials for both the roof and walls, offers 4 bedrooms, 1 carpark, and a generous floor area of 110 square meters on a level plot of 600 square meters. The property features a 3-bedroom main dwelling, renovated recently, complemented by a separate, legal 1-bedroom sleepout - perfect for extended families or additional income. A standalone garage provides ample space for vehicles or storage. Currently tenanted, this property presents an ideal investment opportunity with a HouGarden AVM of $765,000 and a latest sale history that includes transactions in 2012 and 2006.
From a valuation perspective, the property's CV has risen from $570,000 in July 2017 to $820,000 as of June 2021. This impressive growth, combined with the quiet cul-de-sac location and proximity to local amenities, makes it a compelling choice for investors. The site, zoned Mixed Urban, is equipped with stormwater and wastewater chambers, holding potential for future development subject to council approval.
For families with children, the property falls within the zones of Finlayson Park School, Manurewa Intermediate, and James Cook High School, all with a decile rating of 1. This address not only promises comfort and convenience but also quality education. Don't miss the chance to secure this property as your next investment or development project.
Updated on May 06, 2024