This exceptional property located at 26 Bowater Place, Manurewa, Auckland - Manukau, presents a unique opportunity for buyers. Built in 1958, this four-bedroom home is nestled on a generous 801sqm section, offering ample space for families or developers. The property features a freehold ownership type, with a floor area of 101sqm. The exterior boasts wood wall construction and an iron roof, both in average condition, complementing the level property contour. The residence is categorized under Residential - Vacant land multiple housing, making it an ideal choice for those looking to invest in a property with development potential.
The property has seen a significant increase in capital value, from $630,000 in July 2017 to $1,150,000 in June 2021, marking an 82.54% growth. The HouGarden AVM estimates its value at $1,130,000. Its sale history reveals transactions at $250,000 in February 2009 and $280,000 in October 2011, highlighting its rapid appreciation over the years. This property's strategic location and the potential for development make it an attractive investment opportunity.
Located in a zone served by schools with a decile rating of 1, including Manurewa Intermediate, James Cook High School, and Manurewa South School, this property is ideal for families prioritizing education. The proximity to essential amenities and public transport options further enhances its appeal, offering convenience and accessibility.
Updated on March 21, 2024.