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287 Manukau Road, Epsom, Auckland, 3 Bedrooms, 0 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 08 Day 06

287 Manukau Road, Epsom, Auckland

3
393m2
900m2

Nestled at 287 Manukau Road, Epsom, Auckland, this versatile commercial property with a freehold title is a gem on a 900sqm corner site. Constructed in 1960 with wood exterior walls and an iron roof, it boasts an average condition throughout. The property features 3 bedrooms, 2 carparks, and a generous floor area of 393sqm. With a CV of $5.2 million as of June 2021, it has shown a remarkable growth rate of 16.85% since July 2017. This is a rare opportunity to occupy, reposition, or redevelop, with high exposure and potential for mixed-use development.

History shows a HouGarden AVM estimate of $5.07 million, and a latest sale record in 2003 for $1 million, indicating significant appreciation over time. The property is in a highly sought-after school zone, with Auckland Grammar, Auckland Normal Intermediate, Kohia Terrace School, Epsom Girls' Grammar School, and Baradene College - all decile 9 institutions - within easy reach.

Located in a prime educational district, this property is ideal for families seeking top-notch schooling options. The schools in the zone are known for their high decile ratings and offer education from primary to secondary levels. This combination of a solid investment opportunity and access to excellent education makes it a unique offering in the Auckland property market.

Updated on August 06, 2024

Council Data

Last update : 2025 02 05
Improvement value$250,000Increased by 150% from year 2017
Land value$4,950,000Increased by 13% from year 2017
CV(Year 2021 Month 06)$5,200,000Increased by 16% from year 2017
Land area900m²
Floor area393m²
Decade of construction1960
TitleNA35C/633
Type of titleFreehold
Legal descriptionPT LOT 1 DP 3481 900M2, PT LOT 2 DP 3481, PT LOT 3 DP 3481
CouncilAuckland - City
Estate descriptionFSIM,1/1,PART LOT 1-3 DEPOSITED PLAN 3481,900m2
Council rates$18,522.26
2023/2024
ConditionExternal Walls: Average
Roof: Average
ZoningBusiness - Mixed Use Zone

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Kohia Terrace School
0.48 km
Primary
1-8
Government
Co-Educational
EQI: 353
9
Auckland Normal Intermediate
0.87 km
Secondary
7-8
Government
Co-Educational
EQI: 374
9
Epsom Girls Grammar School
1.11 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 397
9
Auckland Grammar School
2.02 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 385
9
Baradene College
3.24 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 372
9

Property history

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For developers

Unitary plan:Business - Mixed Use Zone
Land:900m²
Title:Freehold

Surrounding facilities

Manukau Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Epsom properties data
Epsom property trend
Year
Median price
Growth
Sales count
2024
$1,660,000
-7.3%
29
2023
$1,790,000
-35.9%
13
2022
$2,792,500
21%
12
2021
$2,308,000
7%
22
2020
$2,157,500
9.8%
32
2019
$1,965,000
4.8%
24
2018
$1,875,000
-4.7%
29
2017
$1,966,500
-13.8%
26
2016
$2,280,000
28.1%
33
2015
$1,780,000
-0.6%
41
2014
$1,790,000
-
27

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
288 Manukau Road, Epsom
0.04 km
1
2
70m2
Year 2024 Month 12 Day 18
-
Council approved
18A Ranfurly Road, Epsom
0.27 km
2
1
0m2
Year 2024 Month 11 Day 01
$1,239,800
Council approved
23A Inverary Avenue, Epsom
0.24 km
3
1
0m2
Year 2024 Month 10 Day 01
$1,525,000
Council approved
7/223 Manukau Road, Epsom
0.31 km
3
1
0m2
Year 2024 Month 09 Day 17
-
Council approved
1/227 Manukau Road, Epsom
0.29 km
3
2
158m2
Year 2024 Month 09 Day 12
-
Council approved

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