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10 Magnetite Lane, Flat Bush, Auckland - Manukau, 2 Bedrooms, 1 Bathrooms, House

Sold: $716,000

Sold on 2024 Year 2024 Month 09 Day 01

10 Magnetite Lane, Flat Bush, Auckland - Manukau

2
1
85m2
92m2

Embrace the opportunity to own this pristine, freehold modern home nestled in the core of Flat Bush, with all essential amenities, including reputable schools, within walking distance. This Fletcher-built residence, completed in 2021, boasts a Master Build guarantee, making it an ideal choice for first-time buyers and investors. The property features a 2-bedroom, 1-bathroom layout, with an additional guest toilet and laundry on the ground floor. The exterior showcases a mix of durable brick and weatherboard, while the interior enjoys a designer kitchen with engineered stone benchtops, gas cooking, and quality appliances. The open-plan living area extends to a sunny, private courtyard, perfect for hosting. Comfort is enhanced by a smart vent system and a heat pump, alongside double-glazed tinted windows for superior insulation. The property sits on a level contour with a land area of 92sqm and a floor area of 85sqm, and includes a garden shed for additional storage. The government's capital value remains stable at $670,000 since 2017, with a HouGarden AVM estimate of $640,000 and a recent sale history at $637,500 in 2021. It is zoned for Ormiston Primary, Junior, and Senior Colleges, all with a decile rating of 7. Located near Ormiston Town Centre, with excellent shopping, entertainment, and adjacent to Murphy's Bush Reserve and Barry Curtis Park, this home offers the best of both convenience and tranquility.

Updated on October 22, 2024

Council Data

Last update : 2025 01 15
Improvement value$160,000Reduced by -21% from year 2017
Land value$510,000Increased by 9% from year 2017
CV(Year 2021 Month 06)$670,000Reduced by 0% from year 2017
View typeNo appreciable view
ContourLevel
Land area92m²
Floor area85m²
Decade of construction2021
Title873081
Type of titleFreehold
Legal descriptionLOT 402 DP 532614, LOT 89 DP 532614
CouncilAuckland - Manukau
Estate descriptionFSIM,1/1,LOT 89 DEPOSITED PLAN 532614,92m2
Council rates$2,173.40
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Terrace Housing and Apartment Building Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Ormiston Senior College
0.61 km
Secondary
11-15
Government
Co-Educational
EQI: 444
7
Ormiston Junior College
0.72 km
Secondary
7-10
Government
Co-Educational
EQI: 429
7
Ormiston Primary School
0.77 km
Primary
1-6
Government
Co-Educational
EQI: 384
7
Sancta Maria College
1.68 km
Secondary
7-15
Government
Co-Educational
EQI: 390
7

Property history

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For developers

Unitary plan:Residential - Terrace Housing and Apartment Building Zone
Land:92m²
Title:Freehold

Surrounding facilities

Magnetite Lane Neighborhood and Surrounding Data

Suburbs

Data analysis - Flat Bush properties data
Flat Bush property trend
Year
Median price
Growth
Sales count
2024
$697,500
-3.8%
28
2023
$725,000
-9.4%
25
2022
$800,000
-3%
39
2021
$825,000
14.7%
35
2020
$719,000
-25.5%
21
2019
$965,000
22.7%
10
2018
$786,760
2.2%
26
2017
$769,990
15.2%
6
2016
$668,586
-6.2%
12
2015
$712,500
-11%
33
2014
$800,750
-
44

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
12 Magnetite Lane, Flat Bush
0.01 km
2
1
-m2
Year 2024 Month 09 Day 16
-
Council approved
36 Brookview Drive, Flat Bush
0.25 km
4
3
0m2
Year 2024 Month 09 Day 01
$1,180,000
Council approved
23 Brookview Drive, Flat Bush
0.28 km
4
2
-m2
Year 2024 Month 08 Day 21
-
Council approved
14 Whimbrel Road, Flat Bush
0.24 km
2
1
-m2
Year 2024 Month 08 Day 01
$750,000
Council approved
58 Whimbrel Road, Flat Bush
0.07 km
4
3
168m2
Year 2024 Month 07 Day 29
-
Council approved

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