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24 Culver Terrace, Howick, Manukau City, Auckland, 8 Bedrooms, 4 Bathrooms, House

Price by Negotiation

24 Culver Terrace, Howick, Manukau City, Auckland

8
4
2
354m2
891m2
HouseListed on Fri Oct 11
Price dropNearby train station

Howick 8 Bedroom Cash flow plus land banking - a rare find

Two Houses on a Single Title:

Main House: 5 bedrooms (including a self-contained area) and 3 bathrooms. Meeting Healthy Homes standard.

Cottage: 3 bedrooms, meeting Healthy Homes standards.

Land Size: Generous 890sqm rear section in a quiet cul-de-sac.

Income: Combined rental income of over $92,000 per annum:

Main House: $1100 per week.

Cottage: $670 per week.

Main House Features

Spacious and Functional: Five bedrooms, including a flexible self-contained area for extended family or visitors.

Modernized Comfort: Renovations completed, including three modern bathrooms.

Entertainment-Friendly: Two large living areas and a year-round entertainment space with a spa.

Cottage Features

Strong Rental Potential: Estimated rental return of $670 per week.

Healthy Homes Compliant: A turnkey solution for generating additional income or housing extended family.

Investment Potential

Cash Flow and Land Banking: Excellent opportunity for investors looking for a property that generates immediate income while also

holding future land value.

Multi-Generational Living: Perfect for families wanting privacy and comfort for everyone within one property.

Location Benefits

Convenient and Desirable: Close to top-rated schools, parks, shopping center's, and entertainment, offering a high quality of life.

This property is a rare find, offering a combination of financial returns, versatility, and comfortable living. Whether you’re an investor or looking for a multi-generational living solution, this opportunity provides flexibility, convenience, and strong returns.

If you’re interested, make sure to act quickly – properties like this don’t stay on the market for long!

Location

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Council Data

Last update : 2025 01 22
Improvement value$1,155,000Increased by 25% from year 2017
Land value$1,120,000Increased by 34% from year 2017
CV(Year 2021 Month 06)$2,275,000Increased by 30% from year 2017
View typeFocal Point Of view - Other
ContourLevel
Land area891m²
Floor area354m²
Decade of construction1984
TitleNA53C/1321
Type of titleFreehold
Legal descriptionLOT 3 DP 98571
CouncilAuckland - Manukau
Estate descriptionFSIM,1/1,LOT 3 DEPOSITED PLAN 98571,890m2
Council rates$6,221.01
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Howick College
0.48 km
Secondary
9-15
Government
Co-Educational
EQI: 430
8
Cockle Bay School
0.48 km
Primary
1-6
Government
Co-Educational
EQI: 369
10
Somerville Intermediate School
0.88 km
Secondary
7-8
Government
Co-Educational
EQI: 389
10
Our Lady Star of the Sea School (Howick)
1.78 km
Primary
1-6
Government
Co-Educational
EQI: 360
9
Sancta Maria College
6.31 km
Secondary
7-15
Government
Co-Educational
EQI: 390
7

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:891m²
Title:Freehold

Surrounding facilities

Culver Terrace Neighborhood and Surrounding Data

Suburbs

Data analysis - Howick properties data
Howick property trend
Year
Median price
Growth
Sales count
2024
$1,545,000
-1.5%
6
2023
$1,567,750
-2.3%
4
2022
$1,604,000
8.7%
4
2021
$1,475,000
6.3%
10
2020
$1,388,000
4.3%
5
2019
$1,331,000
-45.7%
7
2018
$2,450,000
55.6%
1
2017
$1,575,000
79.2%
2
2016
$879,000
-19.4%
5
2015
$1,090,000
23.7%
6
2014
$881,000
-
7

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
22 Westview Court, Somerville
0.04 km
5
3
0m2
Year 2025 Month 01 Day 16
-
Council approved
6A Westview Court, Somerville
0.08 km
5
3
380m2
Year 2024 Month 12 Day 13
-
Council approved
6 Culver Terrace, Howick
0.20 km
3
2
-m2
Year 2024 Month 10 Day 22
-
Council approved
29 Culver Terrace, Howick
0.08 km
4
2
-m2
Year 2024 Month 09 Day 17
$1,520,000
Council approved
7 Westview Court, Somerville
0.09 km
4
3
0m2
Year 2024 Month 09 Day 01
$1,490,000
Council approved

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Ref:1754525Last update:2025-01-16 11:20:51