Located at 9 Ririno Place, Manurewa, Auckland - Manukau, this property presents a unique opportunity for potential future development, subject to Council approval and consent. The freehold property spans a generous 790 sqm of level land and is currently zoned as Residential Mixed Housing Urban. It features a 1970s bungalow with 3 bedrooms, 1 bathroom, and 2 car parks. The floor area is 99 sqm, and it includes a separate kitchen and dining area, a large lounge with ranch sliders opening to a sunny front deck, and a spacious, private backyard with a covered deck. The property also offers a freestanding double garage. The building, with fibrous cement walls and tile roof, is in average condition and dates back to 1976.
The capital value of the property has seen a significant increase, from $560,000 in July 2017 to $840,000 in June 2021, marking a 50% growth. The HouGarden AVM estimates the property's value at $830,000. The latest sales data shows the property was sold for $379,000 in April 2013 and for $290,000 in December 2012. This property is not just a home but also an investment opportunity, with the potential for rental or future development.
Education is a priority in this area, with the property being in the zone for Finlayson Park School, Manurewa Intermediate, Rowandale School, and James Cook High School, all of which are decile 1 schools. This location is ideal for families, being within 3 km of various schools for all ages, Manurewa Sports Centre, Rugby Football Club, Pool and Leisure Centre, Mountford Park, and public transport.
Updated on March 21, 2024.