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10 Gloucester Road, Manurewa, Auckland

Price By Negotiation

10 Gloucester Road, Manurewa, Auckland

3

1

82m²

832m²

HouseListed on Thu May 9

Nearby train station

Manurewa 3 Bedroom Attention! RC EPA granted for 30 Rental rooms

Great potential for Savvy investors here. On offer is a development property with consent granted for 30 rental units made up of two buildings of 15 boarding units. Potential estimated gross rental per unit is approximately $350-400 per week.

Situated in the heart of Manurewa, here is your golden opportunity to secure 832sqm of prime freehold land zoned to T.H.A.B. Having the highly desirable Residential Terrace Housing and Apartment Buildings Zone, which provides for the greatest density, height and scale of development. This prolific site will appeal to developers, land bankers and investors. Explore the various exciting possibilities with your architect and/or builder and discover the alternative potential for you. It just a short drive to Southmall, local shops and eatery and public transportation.

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Location

Council Data

Last update : 2024 07 03

Improvement value$25,000Reduced by -72% from year 2017

Land value$1,250,000Increased by 165% from year 2017

CV(Year 2021 Month 06)$1,275,000Increased by 127% from year 2017

View typeNo appreciable view

ContourLevel

Land area832m²

Floor area82m²

Decade of construction1951

TitleNA997/133

Type of titleFreehold

Legal descriptionLOT 40 DP 37753

CouncilAuckland - Manukau

Estate descriptionFSIM,1/1,LOT 40 DEPOSITED PLAN 37753,832m2

Council rates$3,312.28 2023/2024

ConditionExternal Walls: Average Roof: Average

ZoningResidential - Terrace Housing and Apartment Building Zone

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Manurewa High School	0.67 km	Secondary	9-15	Government	Co-Educational	EQI: 510	1	Detail
Manurewa Intermediate	1.18 km	Secondary	7-8	Government	Co-Educational	EQI: 522	1	Detail
Manurewa West School	1.42 km	Primary	1-6	Government	Co-Educational	EQI: 506	1	Detail
James Cook High School	2.40 km	Secondary	9-15	Government	Co-Educational	EQI: 535	1	Detail

Property history

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For developers

Unitary plan:Residential - Terrace Housing and Apartment Building Zone

Land:832m²

Title:Freehold

Zoning

Underground

Contour

State houses

Flood zone

Suburbs

Data analysis - Manurewa properties data

Sales count(Last 12 months)

191View

Type: Freehold

Sales median price(Last 12 months)

$800,000

Low: $536,000, High: $1,300,000

Rent median price(Last 12 months)

$680

Low: $170, High: $900

Manurewa property trend

Year	Median price	Growth	Sales count
2023	$815,000	-8.4%	198
2022	$890,000	-4.8%	203
2021	$935,000	33.6%	544
2020	$700,000	12%	367
2019	$625,000	-0.8%	298
2018	$630,000	-	313
2017	$630,000	1.8%	309
2016	$619,000	16.8%	496
2015	$530,000	29.3%	594
2014	$410,000	-	518

Mortgage

Sold nearby

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
3/52 Marr Road	0.17 km	2	1	70m²	Year 2024 Month 05 Day 09	$493,000	Council approved
35 Marumaru Lane	0.21 km	3	2	-m²	Year 2024 Month 05 Day 01	-	Council approved
3/94 Browns Road	0.17 km	3	1	93m²	Year 2024 Month 04 Day 19	$750,000	Council approved
1/12 Browns Road	0.07 km	3	1	150m²	Year 2024 Month 02 Day 23	$804,150	Council approved
Lot 2	0.20 km	3	2	-m²	Year 2024 Month 02 Day 01	$5,430,000	Council approved