Nestled in the heart of Manurewa on 23 Rimu Road, this charming property is a vacant land with a 1956-built home, featuring 2 bedrooms, 1 bathroom, and 2 car parks. The 84sqm floor area is complemented by an expansive 809sqm section with a level contour, wood exterior walls, and an iron roof in average condition. As a freehold property, it presents a unique opportunity for investors and renovators. The capital value has seen an impressive increase of 82.2% from $590,000 in 2017 to $1,075,000 as of June 2021. The HouGarden AVM estimates the property's value at $1,047,500, while the latest sales history shows a significant growth from $228,000 in 2006 to $260,000 in the same year.
For families with children, the property falls within the zones of James Cook High School (Year 9-15, Decile 1) and Manurewa South School (Contributing, Decile 1), ensuring quality education is within reach. This property's prime location, coupled with its generous land size and potential for renovation or development, makes it an attractive prospect for those seeking value and growth.
With a spacious double garage and a prime location close to amenities, parks, and transport links, this property is not just a home but a sound investment. Whether you're looking to renovate, develop, or add to your investment portfolio, this property on a quiet cul-de-sac street is a golden opportunity waiting to be seized.
Updated on July 16, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.02 km | 4 | 1 | 102m2 | 2024 10 18 | $795,000 | Council approved | |
 | 0.16 km | 4 | 1 | -m2 | 2024 08 23 | - | Council approved | |
 | 0.22 km | 3 | 1 | -m2 | 2024 08 01 | $629,000 | Council approved | |
 | 0.04 km | 2 | 1 | 80m2 | 2024 07 10 | - | Council approved | |
 | 0.02 km | 3 | 1 | 102m2 | 2024 06 23 | - | Council approved |