[SOLD] Home & Income - Make an Offer!

42 Friedlanders Road, Manurewa, Manukau, Auckland - $825,000

OPEN HOME: Tuesday, 6th June - 11.00-11.30am

Vendor wants sold urgently! Make an offer.

Excellent Opportunity - 2 Homes, 1 Title, Value Add, Equity and 5.9% Gross Yield.


Highlights:

Property Features: 2 Homes / One Title

  • Price: $825,000
  • Gross Yield: Potential 5.9% on ask price
  • Capital Value: $445,000
  • Registered Value: $845,000 (Registered Valuation)
  • Equity: $20,000 on listed price
  • Rental Status: $430 p/w (front home)
    Rear home (vacant due to sale).
  • Rent Appraisal: $450 - $475 p/w (42 Friedlanders Road)
    $450 - $475 p/w (42a Friedlanders Road)
    TOTAL = $900 - $950 p/w
  • Annual Rates: $2,609
  • Estate Type: Freehold
  • Floor Area: 149m2
  • Land Area: 688m2

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Additional Information

The existing home was built in the 60s, of weatherboard and tile and is north facing. Has 3 bedrooms, 2 with wardrobes, a separate bathroom and laundry. The kitchen is open with the dining and has a separate lounge. Approx. 2 years ago the carpets were replaced, interior was painted and insulation installed.

There is an attached carport and the property is nicely private and fenced from the minor dwelling which is at the rear. Plenty of scope to add value with this one.

The second dwelling also consists of 3 bedrooms and was built in the 2000s. The kitchen is open with the lounge, there is a ranch slider leading out to a small decking area. Bathroom includes shower over bath, vanity and toilet. This home was fully renovated approx 4 years ago. It also has a carport and is fenced with its own access/driveway and a spacious outdoor backyard. Both properties are alarmed.

With a recent Registered Valuation of $845,000 you realise an instant $20k equity on a property conveniently located in the mix housing 'urban zone' of the PAUP (Auckland Unitary Plan). This is considered a reasonably high intensity zone allowing potential to develop further down the track.

Due to vendor circumstances this property needs to be sold URGENTLY.

Definitely ticks all boxes, with a solid yield, instant equity, add value potential and desirable location this property is a no brainer.

Get in touch asap. I will be surprised if this one doesn't fly out the door.

Open Home, Tuesday, 6th June, 11.00-11.30am - but if you would like to view Monday, 5th June at 11.00am then get in touch with Maxine and she will arrange viewing.

Amenities

20 min Walk, 1.6km - Manurewa train and Southmall Shopping centre.

5 min drive, 2.6km - Southern Motorway on/off ramp

2 min drive, 1.3km - Manurewa Pool and Leisure Centre

2 min drive, 900m - Manurewa Sports Centre

6 min Walk, 550m - James Cook High school

QV Property Report 42 Friedlanders Road Manurewa Auckland.pdf

Rates 42 Friedlanders Road  Manurewa.pdf

Maxine Clason-Thomas
Licensed Salesperson - REAA 2008

maxine@ifindproperty.co.nz
021 990 252

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Agent Contact Details

Maxine Clason-Thomas
Licensed Salesperson - REAA 2008

maxine@ifindproperty.co.nz
021 990 252

I used Maxine to buy an apartment while overseas, she was very quick to reply to all my questions. Working with her made the whole process go a lot smoother. She understands the struggles of buying Property while overseas so she helped me out in anyway she could. I would highly recommend her.

Moemen Elbeltagi

Maxine persevered with us investigating many properties in a very challenging market, before completing a successful purchase.

We were very pleased with her determination to find the right deal for us, in particular as we are out of NZ, and need to rely heavily on local knowledge and advice.

John & Penny

It has been a pleasure to work with Maxine on this purchase. I found her to be personable, responsive, intelligent & experienced, very helpful and available.