68a Rowandale Avenue, Manurewa, Auckland - Manukau

Located at 68a Rowandale Avenue, Manurewa, Auckland - Manukau, this residential property offers a unique investment opportunity. Constructed in 1970 with mixed materials for both the roof and walls, the property features four bedrooms, one bathroom, and a single car garage. The floor area is 100 square meters, sitting on a unit title land with an easy/moderate rise contour. This property, requiring a complete makeover, presents itself as a blank canvas for investors looking to add value.

The capital value of the property has seen a significant increase, from $520,000 in July 2017 to $660,000 in June 2021, marking a 26.92% growth. The latest HouGarden AVM estimates the property's value at $645,000. Historical sales data reveals the property was last sold for $140,000 in July 1997, after a previous sale at $80,000 in June 1994. This demonstrates the property's substantial appreciation over time and its potential for further growth.

The property is situated within the zone of several low-decile schools, including Manurewa High School, Clendon Park School, Manurewa Intermediate, Rowandale School, and James Cook High School, all of which are decile 1. This location offers a phenomenal opportunity for families looking to reside in a community with accessible educational facilities.

Updated on March 21, 2024.