68 Union Road, Howick, Auckland - Manukau

This exceptional property at 68 Union Road, Howick, Auckland - Manukau, is a prime piece of residential vacant land designated for multiple housing. It features a 4-bedroom, 1-bathroom residence with 2 car parks, covering a floor area of 130m2 on a spacious 852m2 land area. Built in 1964, the property boasts wood construction with average condition walls and tile roofing, also in average condition. The land contour is an easy/moderate rise, making it an attractive option for development, all under a Freehold ownership type.

From its initial government valuation (CV) of $1,170,000 in July 2017, the property has seen a significant increase to $1,675,000 by June 2021, marking a 43.16% growth in capital value. The HouGarden AVM estimates its value at $1,645,000. Historically, the property was sold for $705,000 in November 2013 and $274,500 in November 1998, demonstrating a strong appreciation over time. This property is not just a piece of land; it's a lucrative investment opportunity with a history of substantial returns through rental income.

Located in a highly sought-after school zone, this property offers access to top-rated educational institutions including Star of the Sea School (Howick) and Howick College, both with deciles of 9 and 8 respectively, Sancta Maria College (decile 7), Howick Intermediate (decile 4), and Owairoa School (decile 9). Its prime location ensures convenience to amenities, New World supermarket, Howick Village, local beaches, Botany Town Centre, and Lloyd Elsmore Park, making it an ideal choice for families and investors alike.

Updated on March 22, 2024.