8 Lomas Place, Manurewa, Auckland - Manukau

Welcome to 8 Lomas Place, a serene cul-de-sac in the coveted Manurewa suburb of Auckland. This unique freehold property, with its charming wood exterior and tiled roof, boasts 7 bedrooms, 2 carparks, and a spacious floor area of 120 square meters on a vast 812 square meter section. The property, in a good condition both in walls and roof, presents a potential goldmine for subdivision or land banking, subject to council approval. The government's capital value has seen a dramatic increase of 55.8% from $690,000 in 2017 to $1,075,000 as of June 2021, while the HouGarden AVM estimates it at $1,030,000. The latest sales history dates back to 2004 at $290,000 and 1985 at $70,000, highlighting the long-term investment potential. Educationally, the property falls within the decile 1 zone, served by Homai School, Manurewa High School, Manurewa Intermediate, and Manurewa West School, ensuring quality education for all ages.

Notably, the main residence features 4 spacious bedrooms and generous living areas, complemented by a large kitchen and outdoor space, while the sleepout offers a comfortable 3 bedrooms and a cozy living environment, ideal for extended family or rental income. This property is not just a home; it's an affordable investment with attractive rental returns and long-term growth prospects.

Don't let this rare opportunity slip by. It's a perfect blend of comfort, flexibility, and financial wisdom, waiting to be seized in one of Manurewa's most desirable locations.

Updated on October 18, 2024