68 Gloucester Road, Manurewa, Auckland - Manukau

Located at 68 Gloucester Road, Manurewa, Auckland - Manukau, this property presents a unique opportunity with its 3 bedrooms, 1 carpark, and a floor area of 116m² on a substantial 817m² freehold section. Built in 1952, the residence showcases stone walls and an iron roof, both in average condition, and sits on a level contour. It is categorized under Residential - Vacant land multiple housing, making it an intriguing prospect for developers.

From its initial capital value of $610,000 in July 2017, the property has witnessed a remarkable growth, reaching a capital value of $1,200,000 by June 2021, marking a 96.72% increase. The HouGarden AVM estimates its value at $1,180,000. This property, having never been sold before, was auctioned on March 6, 2024, at 62 Highbrook Drive, East Tamaki, highlighting its potential as a developer's opportunity in a prime location near essential services and amenities.

The property falls within the zone of several low-decile schools, including Manurewa High School, Manurewa Intermediate, Manurewa West School, and James Cook High School, all of which are decile 1 institutions. This proximity to local educational facilities underscores the property's appeal to families and developers alike.

Updated on March 21, 2024.