7 Manaaki Lane, Te Arai, Auckland - Rodney

Nestled on a level plot at 7 Manaaki Lane, Te Arai, Auckland - Rodney, this vacant lifestyle property boasts freehold status. While specific details about the number of bedrooms, bathrooms, and carparks are not available, the land area spans a generous 33,700 square meters. The property's exterior walls and roof construction remain a mystery, but this only adds to the allure of what could be a transformative investment.

With a government valuation (CV) of $3,600,000 as of June 2021, the property has shown a steady increase from its $3,500,000 valuation in July 2017, reflecting a growth rate of 2.85%. The HouGarden AVM estimates the property's value at $3,337,500, while the latest sale on May 28, 2024, was recorded at $3,223,553, indicating a potentially sound investment opportunity.

For families with school-aged children, the property falls within the zones of Mangawhai Beach School, a full primary with a decile rating of 6, and Rodney College, a secondary school catering to years 9-15 with a decile rating of 4, ensuring quality education options are within easy reach.

Updated on June 26, 2024