1/13a Vine Street, Mangere East, Auckland - Manukau

Nestled in the heart of Mangere East, Auckland, 1/13a Vine Street presents a charming residential unit on a cross-lease title. This 1960-built home boasts 2 bedrooms, 1 bathroom, and a single carpark, all within a floor area of 60sqm. The exterior is adorned with brick walls and a tiled roof, both in average condition, while the property enjoys a level contour and a convenient location. Furthermore, the capital value has seen a growth of 34.09% from $440,000 in 2017 to $590,000 as of 2021, with a HouGarden AVM estimate of $582,500. The latest sale history includes transactions in 2009 at $182,500 and $155,000 respectively.

For families, the property falls within the zones of Sutton Park School, a full primary with a decile rating of 1, and Southern Cross Campus for years 7-8, also rated decile 1. This is an ideal opportunity for investors or first-home buyers looking for a property with potential, as it requires vision and a bit of tender love and care to maximize its investment returns.

Located minutes from the motorway, Mangere Town Centre, schools, and the airport, with amenities like McDonald's, KFC, and a shopping arcade within walking distance, this property offers both convenience and potential. It will be auctioned on Wednesday 27 November 2024, unless sold prior, and presents a 'do up' opportunity not to be missed.

Updated on November 29, 2024