16 Harrow Place, Manurewa, Auckland - Manukau

Nestled at 16 Harrow Place, Manurewa, Auckland, within a quiet cul-de-sac, this 1970-built residential dwelling offers 3 bedrooms, 1 bathroom, and a single carpark. The 88sqm floor area is complemented by a level 360sqm land area, all under the freehold title. The property features wood exterior walls and an iron roof, both in poor condition, yet it presents a golden opportunity for investors and renovators. The capital value has seen a remarkable increase of 35.85% from $530,000 in 2017 to $720,000 as of June 2021. The HouGarden AVM estimates the property's worth at $725,000, while the latest sales history shows a consistent rise from $295,000 in 2012 to $352,000 in 2013.

For families with children, the property falls within the decile 1 school zones of Manurewa High School, Clendon Park School, Manurewa Intermediate, and James Cook High School, ensuring quality education at every level. This is a property that not only promises a comfortable living environment but also holds strong potential for capital gains and rental returns.

With its standalone position in a sought-after cul-de-sac, and considering the convenient location near Woolworths, the train station, airport, and Manukau shopping mall, this property is an opportunity that must not be missed. It's perfect for those looking to add value through renovation and expand their rental portfolio.

Updated on September 06, 2024