16 Bowater Place, Manurewa, Auckland - Manukau

This charming property at 16 Bowater Place, Manurewa, Auckland - Manukau, offers a unique blend of potential and convenience for discerning buyers. With a floor area of 151 sqm and sitting on a generous 943 sqm section of freehold land, this residence boasts four bedrooms and two car parks. The property, constructed in 1958, features wood wall construction in good condition and tile roofing in average condition, indicating a well-maintained structure. Its easy/moderate rise contour and the zoning for Mixed Housing Urban highlight the development potential, especially considering its road frontage and access to essential services.

From a financial perspective, the property has shown impressive growth, with its capital value increasing from $740,000 in July 2017 to $1,250,000 in June 2021, marking a 68.92% rise. The HouGarden AVM estimates its value at $1,230,000. The latest sale data reveals a purchase at $980,000 in January 2024, following a previous sale at $1,330,000 in June 2021, showcasing the property's fluctuating yet promising market value.

Education is a priority, and this property does not disappoint, being zoned for Manurewa South School, Manurewa Intermediate, and James Cook High School, all of which are decile 1 institutions. This location ensures that families have access to quality education options, making it an ideal choice for those with school-age children. The property's proximity to Manurewa township, including the Southmall Shopping Centre, train and bus stations, and local parks, adds to its appeal, offering convenience and lifestyle benefits to potential buyers.