Nestled in the tranquility of a quiet cul-de-sac at G07/8 Gray Avenue, Mangere East, this residential apartment is a gem for any homeowner or investor. Constructed in 2020 with a wood exterior and iron roof, this unit boasts a good wall and roof condition, exuding a sense of modernity and durability. The 30sqm floor area provides an intimate living space with one bedroom, one bathroom, and a unit title ownership that guarantees peace of mind.
Since 2017, the capital value has seen a remarkable increase of 33.82%, reaching $455,000 as per the latest government valuation. The HouGarden AVM echoes this figure, while the latest sale in 2024 indicates a purchase price of $285,000, highlighting a potential investment opportunity. The CV growth trajectory is a testament to the property's escalating worth in the eyes of the market.
For families with educational considerations, the property falls within the zone of Mangere East School, a full primary with a decile rating of 1. Additionally, Kedgley Intermediate and Aorere College, both with a decile rating of 2, are within easy reach. This makes the property an ideal choice for those valuing a quality education within a convenient radius.
Updated on October 02, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.04 km | 1 | 1 | -m2 | Year 2024 Month 11 Day 05 | - | Council approved | |
 | 0.26 km | 3 | 1 | -m2 | Year 2024 Month 11 Day 01 | $835,000 | Council approved | |
 | 0.11 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 01 | $701,000 | Council approved | |
 | 0.00 km | 2 | 1 | 50m2 | Year 2024 Month 09 Day 29 | $500,000 | Council approved | |
 | 0.24 km | 3 | 2 | 140m2 | Year 2024 Month 08 Day 15 | - | Council approved |