Nestled on a substantial freehold land of 632m2, this residential property at 45 Dagenham Street, Manurewa, Auckland - Manukau, boasts a charming complex with two dwellings. Constructed in 1973 with wood walls and tiled roofs, both in average condition, this property features 5 bedrooms, 1 bathroom, and a carpark. Measuring a floor area of 98 square meters, this property has seen a significant Capital Value (CV) increase from $675,000 in 2017 to $920,000 as of June 2021, marking a growth of 36.3%. Investors will find this property particularly appealing, as it currently generates a weekly return of $1,190.
With a HouGarden AVM valuation of $912,500, the property's latest sale history includes transactions in 2011 for $252,000 and in 2007 for $270,000. The property's CV growth trajectory indicates a promising investment opportunity.
For families with school-aged children, the property falls within the zones of Manurewa High School, Clendon Park School, Manurewa Intermediate, and James Cook High School, all with a decile rating of 1. This property offers not only a sound investment but also access to quality education.
Updated on November 27, 2024