110 Alfriston Road, Manurewa, Auckland
Discover the Essence of Modern Living at 110 Alfriston Road, Manurewa. If you're searching for the perfect blend of low-maintenance living in a contemporary, newly constructed home, your journey ends at Alfriston Villas. These 2-bedroom duplex townhouses are convenient and appealing to working professionals, small families, and astute investors.
Alfriston Villas offers a serene retreat with hilltop vistas in the tranquil pocket of Manurewa, Auckland. This completed development is strategically situated to provide an ideal blend of urban convenience and natural beauty, making it a perfect choice for modern living.
Alfriston Villas offers quick and easy access to many amenities and activities. Manurewa's Town Centre, just over 1km away, includes a hub of stores and services to meet your everyday needs. The development is surrounded by lush parks, including Randwick Park, 200m to the south, providing an ideal escape for post-work or weekend activities.
Families with budding scholars will appreciate the proximity of Alfriston College and Randwick Park School, both within 500m to the east of the development. These accessible schooling options ensure that quality education is never far from home.
Alfriston Villas are within walking distance of the Manurewa train station, ensuring effortless commuting for residents. A bus stop outside the complex also makes public transportation a breeze. For those with private vehicles, the Auckland Southern Motorway, located under 100m from the site, offers easy access to and from the city, ideal for both work and leisure.
All units at Alfriston Villas are equipped with modern smart home amenities, ensuring you can enjoy the latest technology for your comfort and convenience.
Take advantage of your opportunity to make 110 Alfriston Road, Manurewa, your new home. Alfriston Villas provide the perfect backdrop for contemporary living, and with such an attractive location.
Completed
Location
Auckland's bustling CBD is only 25km away, providing easy access to the city for work or leisure. However, you'll find that this serene and vibrant neighborhood in Manurewa offers a unique blend of convenience and natural beauty.
Alfriston College 1.0km
Manurewa Train Station 1.3km
New World South Mall 1.6km
Auckland Airport 13.8km
Auckland CBD 25.8km
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Note: Cost to own and cashflows are approximate examples only. Actual results achieved will vary based on purchase price, interest rate, deposit %, providing carparks, providing furniture, insurance, property rates and rental rate. Please download free analysis software to complete your own analysis. Our team can help you with this, so don’t hesitate to contact us.
Investment Analysis
Investing in new-build properties, particularly townhouses, in Manurewa, Auckland, New Zealand, presents an exciting opportunity in the current market.
The median sale price for properties in Manurewa was $790,000 in May 2024 compared to the New Zealand average of $802,000.
With the homes at 110 Alfriston Road priced from $699,000 for a two-bedroom home, this presents a good opportunity to get into the market at a competitive price below the Manurewa and New Zealand median sale price. This also presents the opportunity to invest in a home that will have the potential for growth as the property market starts to recover.
With a gross yield of up to around 4.8% for this development, investing in these new-build properties in Manurewa offers both capital growth potential and rental income. Townhouses, in particular, emerge as a lucrative investment option due to their compact yet functional designs, which cater well to urban dwellers seeking contemporary living spaces.
The affordability of townhouses in Manurewa appeals to a diverse demographic, including first-time homeowners and young professionals. This broad market appeal translates to sustained demand, fostering a robust rental market. Investors can leverage this consistent demand to secure a reliable rental income stream, enhancing the attractiveness of townhouse investments in Manurewa.
Investment Overview
Strategy: Off the plan Upside: Growth prior to settlement Rent: Unfurnished Deposit: 10% Title: Freehold
Investment Type
Dwelling: Townhouse Growth: High Yield: Moderate Pros: Capital gains before settlement + Low maintenance living
Suburb Performance
Median sale price 10 years: 100% Median sale price 20 years: 298% Capital growth 10 years: 7.18% Capital growth 20 years: 7.15%