Nestled in a serene cul-de-sac at 3 Adams Road, Manurewa, Auckland, this freehold property is a charming residential dwelling from the 1960s. It boasts 4 bedrooms, 2 carparks, and a spacious floor area of 110m² on a levelled 675m² site. The exterior features wood walls in average condition and an iron roof that's well-maintained. Notably, the capital value has seen a significant increase from $630,000 in 2017 to $830,000 as of June 2021, reflecting a growth rate of 31.75%. The property is equipped with a heat pump and has a sunny deck perfect for entertainment.
As per the latest valuation, the HouGarden AVM estimates the property at $775,000, while the most recent sale was for $1,170,000 in September 2021, a substantial leap from the $350,000 sale in 2007. This indicates a promising investment opportunity. The property has a history of consent for further development, which potential buyers should explore with the council.
For families with children, the property falls within the zone of Homai School, Manurewa High School, and Manurewa Intermediate, all with a decile rating of 1. This quiet and convenient location, close to local shopping and the Wiri commercial area, makes it an ideal choice for those seeking a combination of comfort, potential, and a promising educational environment.
Updated on July 12, 2024