16i/18 Ronwood Avenue, Manukau, Auckland - Manukau

Located at 16i/18 Ronwood Avenue, Manukau, Auckland - Manukau, this Renaissance Centre Penthouse Apartment offers a luxurious lifestyle with its panoramic views of Rangitoto and the cityscape. The property features 2 double bedrooms, 2 bathrooms, and an additional office or 3rd single guest room across a floor area of 80m². Constructed in 2000 with concrete walls and an iron roof, both in good condition, this top-floor apartment is designed for comfort and security. It comes fully furnished, including an integrated laundry with a washer/dryer, and boasts full-height sliding doors leading to viewing balconies. The property, categorized under Residential - Apartments, holds a Unit Title ownership and provides 2 secure carparks, enhancing its appeal for investors, students, airline staff, or executives.

The property's capital value has seen fluctuations, with a decrease from $820,000 in July 2017 to $750,000 in June 2021, marking a -8.54% change. Despite this, the HouGarden AVM estimates its value at $785,000. The latest sale recorded on February 22, 2024, was at $700,000, showing a significant increase from its previous sale at $369,000 on December 10, 2005. This apartment, currently rented at $370pw by long-term tenants willing to stay, offers a promising investment opportunity with potential for additional income through one of its carparks rented out at $60 per month.

Education is conveniently covered with nearby schools including Puhinui School (Contributing, decile 3), Papatoetoe Intermediate (Intermediate, decile 2), and Papatoetoe High School (Secondary (Year 9-15), decile 3), making it an ideal location for families. The property's proximity to the new MIT Campus, Manukau Westfield, restaurants, and the library, along with easy access to Auckland International Airport and the City Centre, adds to its desirability.

Updated on April 04, 2024.