Welcome to 16 Oreti Place, Clover Park, Auckland - Manukau. This charming 3-bedroom, 1-bathroom house, with 2 car parks, offers a comfortable living space of 98 sqm on a generous 716 sqm freehold land. Built in 1983, the property features fibrous cement walls in good condition and a tiled roof, also in good condition. The land's contour presents an easy to moderate fall, making it an appealing choice for families or investors alike.
From its last government valuation in June 2021 at $870,000, up from $620,000 in July 2017, the property has seen a capital value increase of approximately 40.32%. The latest sale on January 25, 2024, was at $877,000, indicating a stable market value. The HouGarden AVM estimates the property's value at $835,000, showcasing its potential as a lucrative investment. The property's development potential, subject to council approval, along with accessible waste and stormwater services, makes it an ideal site for subdivision.
The property is zoned for Tangaroa College (Secondary, decile 1), Chapel Downs School (Contributing, decile 2), and Redoubt North School (Full Primary, decile 2), offering a range of educational options for families. Its proximity to Manukau Train Station, AUT, Manukau City Centre, and Rainbows End, along with a quiet neighborhood, makes it an attractive location for both living and investment.
Updated on April 06, 2024.