Nestled in the serene Mangere East, 1/32 Tennessee Avenue presents a charming residential dwelling on a cross-lease title. This 110sqm home boasts 4 bedrooms, complemented by a carport and a single garage. Constructed in 1920 with fibrous cement walls and an iron roof, both in good condition, this property exudes a warm, inviting ambiance. The capital value has seen a remarkable increase of 36.21% from $580,000 in 2017 to $790,000 as of June 2021. The HouGarden AVM estimates it at $770,000, while the latest sales were recorded at $240,000 in 2005 and $180,000 in 1998.
With a prime location in a sought-after school zone, educational institutions like Sutton Park School, Southern Cross Campus, and Mangere East School are within easy reach, all boasting a decile rating of 1. This is an ideal setup for families with children. The property's strategic placement near public transport and local amenities further enhances its appeal as a solid investment opportunity.
Don't miss the chance to secure this property in a rapidly appreciating area, perfect for both family living and investment returns.
Updated on August 12, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.15 km | 2 | 1 | 60m2 | Year 2024 Month 11 Day 01 | $590,000 | Council approved | |
 | 0.19 km | 3 | 1 | 80m2 | Year 2024 Month 09 Day 24 | $769,500 | Council approved | |
 | 0.15 km | -m2 | Year 2024 Month 09 Day 18 | - | Council approved | |||
 | 0.25 km | 3 | 2 | -m2 | Year 2024 Month 09 Day 01 | $840,000 | Council approved | |
 | 0.01 km | 2 | 1 | 60m2 | Year 2024 Month 07 Day 29 | - | Council approved |