46 Te Irirangi Drive, Clover Park, Auckland - Manukau

Nestled at 46 Te Irirangi Drive, Clover Park, Auckland, lies a prime freehold property on a levelled 624m² section. This residential haven boasts mixed-material walls and tiled roofing, housing two beautiful homes. It features 5 bedrooms, 2 carparks, and a floor area of 158m², making it an ideal choice for extended families or a lucrative investment. Since 2017, the Capital Value (CV) has surged by 60%, reaching $1,550,000 as of June 2021, with HouGarden AVM echoing this value. The property's latest sale history dates back to 1997, highlighting its long-term investment potential. Moreover, its strategic location in a quiet cul-de-sac, close to Manukau Mall, schools, and parks, ensures convenience and strong investment returns. The Tangaroa College (Decile 1) and Redoubt North School (Decile 2) are the notable institutions in the school zone, adding to the property's appeal.

With a CV increase of 0.60 over four years, this property offers more than just a place to live; it's a smart investment. The latest sales in 1997 and 1996 reflect a property that has stood the test of time, with a significant value increase. The potential rental income from the two dwellings presents an attractive opportunity for investors, with the possibility of earning up to $1,300 per week.

Educationally, the property falls within the zones of Tangaroa College, a secondary school catering to Years 9-15, and Redoubt North School, a full primary school. Both institutions are rated highly, making this property an excellent choice for families with children.

Updated on September 06, 2024