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14 Magnetite Lane, Flat Bush, Auckland - Manukau, 2 Bedrooms, 1 Bathrooms, Townhouse

Sold: $710,000

Sold on 2024 Year 2024 Month 07 Day 01

14 Magnetite Lane, Flat Bush, Auckland - Manukau

2
1
85m2
92m2

Nestled in the tranquil cul-de-sac of Magnetite Lane, this 85sqm, 2-bedroom, 1-bathroom residential unit with a single carpark is a prime example of modern living. Constructed in 2021 with mixed materials for the walls and iron for the roof, this freehold property is in a good condition both inside and out. The property's capital value has remained stable at $670,000 since 2017, with a zero increase percentage. The latest sales in 2024 and 2021 were $710,000 and $637,500 respectively, while the HouGarden AVM estimates it at $650,000.

With a level contour and a well-maintained section, this home is perfect for a variety of buyers. It boasts a designer kitchen with gas cooking and heating, as well as engineered stone benchtops, complementing the open-plan dining and lounge that leads to a private, sunny courtyard. The property is located in a highly sought-after area of Flat Bush, close to shopping, entertainment, and recreational venues.

For families with school-aged children, the property falls within the zones of Sancta Maria College, Ormiston Senior College, Ormiston Primary School, and Ormiston Junior College, all with a decile rating of 7. This property is not just a home; it's an investment in a quality lifestyle and education.

Updated on August 01, 2024

Council Data

Last update : 2024 12 11
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
Title873083
Type of titleFreehold
Legal descriptionLOT 402 DP 532614, LOT 91 DP 532614
CouncilAuckland - Manukau
Estate descriptionFSIM,1/1,LOT 402 DEPOSITED PLAN 532614,464m2
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
0.60 km
Secondary
11-15
Government
Co-Educational
EQI: 444
7
Ormiston Junior College
0.71 km
Secondary
7-10
Government
Co-Educational
EQI: 429
7
Ormiston Primary School
0.76 km
Primary
1-6
Government
Co-Educational
EQI: 384
7
Sancta Maria College
1.67 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
$702,250
-3.1%
24
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
10 Magnetite Lane, Flat Bush
0.01 km
2
1
-m2
Year 2024 Month 09 Day 01
-
Council approved
36 Brookview Drive, Flat Bush
0.07 km
4
3
0m2
Year 2024 Month 09 Day 01
$1,180,000
Council approved
23 Brookview Drive, Flat Bush
0.08 km
4
2
-m2
Year 2024 Month 08 Day 21
-
Council approved
58 Whimbrel Road, Flat Bush
0.54 km
4
3
168m2
Year 2024 Month 07 Day 29
-
Council approved

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