2/21 Booker Place, Manurewa, Auckland - Manukau

Nestled in the tranquil cul-de-sac of Booker Place, this 1977-built residential unit boasts 2 bedrooms, 1 bathroom, and a single carpark. The property, with an average condition brick exterior and tiled roof, offers a floor area of 70 square meters on a cross-lease title. It sits on a 1/2 share of a 990 square meter section, providing an ideal opportunity for those with a small budget looking to enter the property market or for investors seeking to add value and expand their rental portfolio.

History shows a promising increase in capital value, from $510,000 in July 2017 to the current $620,000 as of June 2021, marking a growth of 21.57%. The HouGarden AVM estimates the property's worth at $577,500. The latest sale was recorded in September 2003 for $56,123, highlighting the potential for capital gains.

Educationally, the property falls within the zones of James Cook High School, a secondary school with a decile rating of 1, and Weymouth School, a contributing primary with a decile rating of 2. This is a golden opportunity not to be missed, as the retiring vendor is keen on selling this investment property.

Updated on June 26, 2024