36 Mcinnes Road, Manurewa, Auckland - Manukau

Nestled on a level plot at 36 Mcinnes Road, Manurewa, Auckland, this residential vacant land is primed for multiple housing. The freehold property boasts a floor area of 225 square meters and a land area of 911 square meters. Constructed in 1970, the property features fibrous cement walls and tiled roofing, both in good condition. It includes 3 bedrooms and 3 carparks, making it an ideal investment opportunity. The capital value has seen a significant increase from $840,000 in 2017 to $1,375,000 as of June 2021, reflecting a growth rate of 63.69%.

With a HouGarden AVM of $1,382,500 and a latest sale history of $1,085,000 in 2024, the property presents a promising investment prospect. The previous sale in 2006 was at $395,000, indicating a steady rise in value over the years.

For families with school-going children, the property falls within the zones of James Cook High School, a secondary school with a decile rating of 1, and Weymouth School, a contributing school with a decile rating of 2, ensuring quality education options.

Updated on September 18, 2024