1/5 Jutland Road, Manurewa, Auckland - Manukau

This two-bedroom home at 1/5 Jutland Road, Manurewa, Auckland - Manukau, presents a unique opportunity for those ready to undertake a renovation project. Constructed in 1940, the property features wooden walls and a tiled roof, both in average condition. It spans a floor area of 160 square meters on a level cross-lease section with no specified land area. Despite lacking carpark facilities, its potential is undeniable, especially for traders, flippers, and investors seeking high yields or a chance to create equity through do-ups. The property is described as needing tender loving care, inviting those with a vision to transform it into something special. Its road frontage and proximity to essential amenities, including schools, parks, supermarkets, The Super Clinic, Rainbows End, and Manukau Westfield Shopping Mall, only 2.5km away, add to its appeal.

From a financial perspective, the property has seen a significant increase in capital value, rising from $540,000 on July 1, 2017, to $730,000 on June 1, 2021, marking a 35.185% growth. The HouGarden AVM estimates its value at $720,000. The last recorded sale was on August 10, 1984, for $45,000. This growth trajectory underscores the property's investment potential, especially for those looking to capitalize on the Auckland housing market.

The property falls within the zone for Manurewa High School, Manurewa Intermediate, Manurewa West School, and James Cook High School, all of which are decile 1 institutions. This location offers great educational options for families looking to settle in the area.

Updated on April 02, 2024.