223 Manuka Road, Bayview, Auckland
Welcome to 223 Manuka Road, Bayview, Auckland. Nestled in a stunning location close to the water and surrounded by nature, this relaxed setting is just up the road from the Manuka Reserve. This new development features seven executive townhouses seamlessly blending style, comfort, and convenience.
The homes offer the choice between two and three-bedroom layouts, all designed with living and dining areas on the ground floor. The stylish kitchens feature stone benchtops, tiled splashbacks, and stainless-steel Samsung appliances. The living spaces open up to the sun-filled private courtyards with timber decks, providing an ideal spot for outdoor relaxation.
Upstairs, you'll find modern family-sized bathrooms and two to three bedrooms. The master bedrooms in the three-bedroom homes include an ensuite, while the two-bedroom homes feature a luxurious main bathroom with a bath and shower. The homes are designed for effortless living with low-maintenance yards and private off-street parking.
The townhouses are move-in ready, allowing you to settle in and enjoy them immediately. This is a fantastic opportunity to own a unique townhouse in this desirable neighbourhood, suitable for growing families, professional couples, and investors.
The development is conveniently nestled in the heart of Bayview, Auckland, 223 Manuka Road offers its residents easy access to a range of local amenities. Within a short stroll, you'll find yourself at the Manuka Reserve and a nearby boat ramp. Just a brief drive away is the bustling Glenfield Mall, a retail hub featuring a variety of stores, including fashion boutiques, electronics outlets, and home decor shops.
The nearby Leisure Centre provides opportunities for fitness and recreation, including swimming pools and gym facilities. The local library offers a wealth of books, resources, and community events for those seeking relaxation or a quiet read. Commuting to Auckland CBD is also convenient, with major roadways and a nearby bus stop ensuring direct access to the city centre in approximately 30 minutes, making it easy for work or leisure activities.
Residents can indulge in a diverse culinary scene with nearby cafes, restaurants, and eateries offering a range of cuisines. From coffee shops to family-friendly restaurants and gourmet dining experiences, Bayview's culinary offerings cater to various tastes and occasions.
Completion q1 2025
Location
The development at 223 Manuka Road boasts a prime location just a short walk from the scenic Manuka Reserve, located at the end of the road. The reserve offers a variety of recreational activities, including a playground, a beach, and a convenient boat ramp. Additionally, residents can enjoy a short drive to essential amenities and local schools.
PAK'nSAVE Wairau Road 5.1km
Takapuna Golf Course 6.1km
Birkenhead College 7.0km
Westfield Albany 8.7km
Auckland CBD 16.6km
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 Auckland's real estate market, particularly in the North Shore suburb of Bayview, presents a compelling opportunity. Bayview's strategic location offers convenient access to the central business district and other key areas, making it an attractive option for working professionals, investors, and downsizers.
In February 2024, the median sale price for properties in Bayview was $950,000, compared to the New Zealand average of $800,000. These homes come in under this median price. With a gross yield of up to 4.2%, investing in these new-build properties in Bayview offers significant capital growth potential and rental income. Townhouses, in particular, are a lucrative investment option due to their compact yet functional designs, appealing to urban dwellers seeking contemporary living spaces.
The persistent housing shortage in Auckland and the growing preference for low-maintenance living intensifies the demand for well-crafted homes like these townhouses. The affordability of townhouses in Bayview attracts a diverse demographic, including first-time homeowners and young professionals. With the two-bedroom homes coming under the first-home house cap in the Auckland region, this presents an opportunity for first-home buyers to enter the market. This broad market appeal ensures sustained demand, fostering a robust rental market and providing investors with a reliable rental income stream.
Seize this opportunity to purchase in Bayview's promising new development located on the North Shore of Auckland.
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: 62% Median sale price 20 years: 214% Capital growth 10 years: 4.92% Capital growth 20 years: 5.88%