Home & Income Opportunity

Listed 27 Jul
132 Gloucester Road, Manurewa, Manukau City, Auckland
Price by negotiation
Details
- Land area
- 683m²
- Parking
- 4 car space
- Broadband
- ADSL, Fibre, Satellite, Wireless


Home & Income Opportunity
Two Homes, One Address, Seven Bedrooms of Possibility
Looking for a smart way into the property market - or to boost your investment portfolio? This Home & Income property on Gloucester Road offers the flexibility today's buyers are after: live in one, rent the other, or lease both for maximum return.
Front Home - 4 Bedrooms, 1 Bathroom (Built 1959) A solid, character-filled main residence fronting Gloucester Road. Four bedrooms give this classic home plenty of room for a growing family, with the kind of solid bones and generous proportions older Kiwi homes are known for. A great opportunity to add your own touch or simply enjoy as-is.
Rear Home - 3 Bedrooms, 1 Bathroom (Built 2020) Tucked behind the main house, this near-new, self-contained second dwelling brings modern comfort and easy-care living. Perfect for extended family, older children wanting their own space, or as a ready-made income stream with all the appeal of a modern build.
This is a rare combination - a solid 1959 family home paired with a modern 2020-built second dwelling, giving buyers the best of both worlds: character and charm out front, low-maintenance modern living out back. Situated close to Manurewa town centre, train station, and bus routes for easy commuting.
- Walking distance to local schools, parks and shops
- Motorway access for quick trips into central Auckland
- A growing, family-friendly community with strong rental demand
These homes are perfect for investors chasing dual rental income (7 bedrooms across 2 homes!)
- Multi-generational families wanting separate but close living
- First-home buyers looking to rent out the modern rear home to help with the mortgage
- Renovators keen to add value to the character front home
Don't miss this rare Home & Income opportunity - properties like this at 132 Gloucester Road don't come up often.
Contact me today to arrange a viewing Annette 0274 751 584

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Local Schools
- MANUREWA INTERMEDIATE76 Russell RoadRoll: 937
- MANUREWA WEST SCHOOLMckean AvenueRoll: 454
- MANUREWA HIGH SCHOOL67 Browns RoadRoll: 2369
- TE HAIKURA A KIWADr Pickering AvenueRoll: 1856
- PUKEKO MANUWERA LIMTED13 Jellicoe RoadRoll: 55
- ST ANNE'S CATHOLIC SCHOOL (MANUREWA)124 Russell RoadRoll: 511
- BESTSTART MANUREWA CENTRAL93 Russell RoadRoll: 63
- TE KŌHANGA REO O MANUREWA33 Russell RoadRoll: 26
- YMCA EARLY LEARNING CENTRE MANUREWA29 S McKean AvenueRoll: 31
- BESTSTART MAICH ROAD78-80 Maich RoadRoll: 91
- MANUREWA CENTRAL SCHOOLHill RoadRoll: 504
- HOMAI SCHOOL89 Browns RoadRoll: 409
- ROWANDALE SCHOOL73 Rowandale AvenueRoll: 580
- HILLPARK SCHOOL57 Grande Vue RoadRoll: 504
- MANUKAU CHRISTIAN SCHOOL77 Rogers RoadRoll: 311
- TE WHAREKURA O MANUREWA119 Katikati DriveRoll: 71
- TKKM O MANUREWA119 Katikati DriveRoll: 146
- GREENMEADOWS INTERMEDIATE29 Greenmeadows AvenueRoll: 343
- WIRI CENTRAL SCHOOLInverell AvenueRoll: 359
- SOUTH AUCKLAND MIDDLE SCHOOL198 Mahia RoadRoll: 176
- DESTINY SCHOOL25 Druces RoadRoll: 12
- TAONGA EDUCATION CENTRE28 Palmers Road
Location info
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There are currently no open home times scheduled, please reach out to the agent to find a time.
Property insights
HomesEstimate
- Updated
- October 1, 2026
- Estimated value
- $1.13M - $1.28M
These are computer generated price guides only. For more information about this property, contact the agent.
RentEstimate
- Estimated rent
- Not yet available
- Rental yield
- Not yet available
More about RentEstimate and rental yield
Capital value
Summary of land value and improvement value. This is set by the council.
- Updated
- May 1, 2024
- Capital value
- $1,275,000
- Land value
- $760,000
- Improvement value
- $515,000
Capital Valuation and rates information is sourced from the relevant council. Confirm directly with the council before making any decisions based on this data.
Property trends
- Property estimate trend
- This home estimate range: 1.13M - 1.28M
- Suburb median
- Manurewa: 760K



