20 Marr Road, Manurewa, Auckland - Manukau

Nestled in the heart of Manurewa, Auckland, 20 Marr Road presents a prime residential-vacant land opportunity on a Freehold title. This 1040 sqm level plot, with its wooden exterior and mixed-material roofing, is host to a 1946-built home awaiting transformation. The property boasts 3 bedrooms, 5 bathrooms, and a single carpark, with a floor area of 97 sqm. The site has undergone extensive preparation, with RC, BC, and EPA approvals already in place, making it an ideal candidate for developers seeking a straightforward project. The Capital Value (CV) has seen a remarkable increase of 134.375% from $640,000 in 2017 to $1,500,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,278,500, while the latest sales were recorded at $1,100,000 in March 2024 and $1,200,000 in October 2020. Located in a cul-de-sac, it's mere steps from Homai Rail station and is within the decile 1 school zones of Homai School, Manurewa High School, and Manurewa Intermediate.

With the potential to build seven new homes, this property is not just land; it's a golden opportunity. The convenient location, with easy access to motorways, shopping, and amenities, further enhances its appeal. Don't miss the chance to capitalize on this urgent sale, where the price has been significantly dropped!

Education is a cornerstone here, with the property being in the catchment area of highly regarded schools. Homai School, Manurewa High School, and Manurewa Intermediate, all decile 1 institutions, offer a solid foundation for learning.

Updated on April 11, 2024