Nestled on a generous 683 sqm Freehold lot at 134 Gloucester Road, Manurewa, Auckland, this charming 1950s family home with weatherboard construction boasts 3 bedrooms, 1 bathroom, and 2 car parks. The property, with a floor area of 91 sqm, features a well-maintained iron roof and wooden walls, presenting a fantastic opportunity for value addition or rental potential. The government's capital value has seen a substantial increase from $590,000 in 2017 to $920,000 in 2021, a growth rate of 56.93%. HouGarden's AVM estimates the property at $882,500, while the latest sales history shows a significant jump from $183,500 in 2004 to $245,000 later that year. In terms of education, the property falls within the zones of Manurewa Intermediate, Manurewa High School, James Cook High School, St Annes Catholic School, and Manurewa West School, all of which have a decile rating of 1.
Whether you're looking to renovate or develop, this property offers a prime location with easy access to motorway, train stations, and shopping malls, making it an attractive prospect for investors and families alike.
Don't miss the chance to secure this property in a sought-after school zone, where the potential for further capital value growth is undeniable.
Updated on October 16, 2024