14 Marr Road

Manurewa, Auckland 2102

1 / 22
Auction
In rooms (unless sold prior)
Status
Sold at $1,368,000

Auction Ended

This property sold for $1,368,000 at auction.

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11
Bedrooms
3
Bathrooms
-
Garages
263m²
Floor area
1045m²
Land area
Council Rateable Value (RV)
Use as a guide only
$1,325,000

About this property

Why buy one home when you can secure three freestanding homes on one substantial 1,045m² property? Whether you're a large or extended family looking to buy together, an investor wanting multiple income streams, or someone looking for a property with longer-term potential, 14 Marr Road offers a combination that's increasingly difficult to find. The property comprises three separate freestanding homes - two four-bedroom homes and one three-bedroom home - giving families the opportunity to live together while still enjoying the privacy and independence of their own homes. For multi-generational families, siblings wanting to purchase together, or parents and adult children looking to pool their resources, this could be a practical alternative to trying to find several properties close to one another. Live side by side, share the land and expenses, while still having your own front door and your own space. For investors, the numbers are equally compelling. The three homes are currently generating a combined rental income of approximately $100,100 per annum, with all three properties Healthy Homes compliant, providing an established income stream from day one. And there's more to consider for the future. Set on approximately 1,045m² of Mixed Housing Urban zoned land, there may also be potential to further develop or enhance the property, subject to the usual council approvals. Property Highlights - Three freestanding homes on one property - 11 bedrooms in total across the three homes - Two four-bedroom homes + one three-bedroom home - Ideal for large, extended or multi-generational families - An opportunity for multiple families to purchase together - Approximately $100,100 p.a. combined rental income - All three homes Healthy Homes compliant - Substantial 1,045m² landholding - Mixed Housing Urban zoning - Potential to improve the existing rental return - Landbank or investigate future development potential, subject to council approval Whether the plan is to buy together and create a family compound, live in one and retain income from the others, hold all three as investments, landbank, or explore the property's future potential, 14 Marr Road gives you options that a conventional property simply can't. Viewing as advertised or by private inspection at your convenience. *Attention Agents: Bring your buyers. We offer competitive conjunctional rates to all agencies* Three homes. One address. A whole lot of possibilities (even room for a pool) Get in touch today to learn more about this exciting opportunity!

Property features

Features
  • Living Rooms (3)
  • Dining Rooms (3)

Schools (In zone)

  • Manurewa High School
    Secondary
    0.8 km
  • Homai School
    Contributing
    0.9 km
  • Manurewa Intermediate
    Intermediate
    1 km

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