2/43 Derrimore Heights, Clover Park, Auckland - Manukau

Nestled in the serene Derrimore Heights, at 2/43 Derrimore Heights, Clover Park, Auckland, this residential dwelling on a cross-lease title boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1980 with fibrous cement walls and an iron roof, both in good condition, this property is perfect for those seeking a renovation project. The capital value has seen a 34.92% increase from $630,000 in 2017 to $850,000 as of June 2021. The latest HouGarden AVM estimates the property at $830,000, while the last sale was recorded at $375,000 in 2008. This home's potential is further enhanced by its location in a sought-after street, close to Westfield Manukau and other amenities.

With a CV growth rate that outpaces the market, this property presents a solid investment. The recent history of sales and the AVM reflect a consistent rise in value, making it an attractive prospect for traders and renovators. The property's contour, with an easy to moderate rise, adds to its charm and the possibility of enjoying great views from the elevated position.

For families with school-aged children, the property falls within the zones of Tangaroa College (decile 1) and Redoubt North School (decile 2), ensuring quality education options. Despite the fire damage, this property is a diamond in the rough, ready to be polished into a remarkable residence.

Updated on August 01, 2024