29 Hywell Place, Manurewa, Auckland - Manukau

Nestled in the serene Hywell Place, a quiet cul-de-sac in Manurewa, Auckland, stands a promising residential property on a freehold site. This 1971-built home boasts 3 bedrooms, 2 carparks, and a spacious floor area of 106 square meters, all set on a generous land area of 989 square meters. The property features mixed-material walls and an iron roof, both in average condition, and is currently valued at $1,050,000 according to the latest government valuation, a significant 78% increase from its $590,000 valuation in 2017. This is a perfect opportunity for investors, developers, or buyers looking to embark on a dream project.

With a HouGarden AVM of $1,025,000, the property's latest sale history includes transactions in 2013 for $338,000 and in 2009 for $325,000. The capital value growth is a testament to the area's potential. Despite being untenable by a fire, the property holds immense possibilities for the right buyer, especially with its convenient access to local amenities and public transport.

For families with school-aged children, the property falls within the zones of Manurewa Intermediate, Rowandale School, and James Cook High School, all with a decile rating of 1. This addresses a key concern for many buyers, ensuring quality education is within reach. The time is now to secure this rare residential plot in a sought-after location.

Updated on July 22, 2024