Nestled in the serene Mangere East, 16 Garus Avenue presents a charming residential opportunity on a freehold section. This 1976-built home boasts 3 bedrooms, 1 bathroom, and a single carpark, with a floor area of 98 square meters and a generous land area of 612 square meters. The property features an iron roof and wooden exterior walls in average condition, set on a contour with an easy to moderate rise. Perfect for investors or families, this property offers potential for renovation and is conveniently located near schools, public transport, and shops.
Since 2017, the capital value has seen a significant increase of 60.16%, reaching $1,025,000 as of June 2021. The HouGarden AVM estimates the property's value at $985,000, while the latest sales history shows a promising trend with sales in 2005 and 2003 at $123,000 and $155,000 respectively. This is a rare find in the area, with the potential for capital growth and the convenience of a mixed housing urban zoning.
For families with children, the Southern Cross Campus, a composite school with a decile rating of 1, is in the school zone. This property is not just a home but a smart investment in a thriving community.
Updated on October 17, 2024