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1/15 Lynette Place, Mangere, Auckland, 2 Bedrooms, 1 Bathrooms, Unit

$510,000

1/15 Lynette Place, Mangere, Auckland

2
1
1
UnitListed on Thu May 16

Mangere 2 Bedroom Prime Location Prime Opportunity

Discover a unique opportunity with these two newly renovated 2-bed, 1-bath brick & tile units, perfectly positioned at the end of a quiet cul-de-sac. With just two units in the block, each featuring an enclosed single carport and additional parking, this property is a goldmine for savvy investors.

Whether you're an investor aiming for dual income streams, a first homebuyer seeking supplemental rental income, or a family in need of multigenerational living space, these units are designed to meet your needs.

In today's booming rental market, securing both units ensures a continuous income flow. Choose to rent out both units for maximum return or transform one into a home or living space for extended family. The versatility of owning both units provides endless possibilities and financial security.

Renovated with a sophisticated neutral colour scheme, these units exude modern comfort and style. Each unit offers spacious living areas perfect for entertaining or relaxing in. Enjoy the landscaped common areas and fully fenced spaces, providing privacy and peace of mind for each owner.

Seize the chance to enhance your investment portfolio. Don't miss out on the opportunity to own one or both of these units in a location poised for growth. Take the leap today.

Disclaimer - This property is being sold without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consent

Location

Council Data

Last update : 2024 07 03
Improvement value$180,000Increased by 100% from year 2017
Land value$440,000Increased by 15% from year 2017
CV(Year 2021 Month 06)$620,000Increased by 31% from year 2017
View typeNo appreciable view
ContourLevel
Floor area70m²
Decade of construction1960
TitleNA48C/36
Type of titleCross-Lease
Legal descriptionFLAT 1 DP 66024, LOT 18 DP 55908
CouncilAuckland - Manukau
Estate descriptionFSIM,1/2,LOT 18 DEPOSITED PLAN 55908,675m2
Council rates$2,116.93 2023/2024
ConditionExternal Walls: Average Roof: Average
ZoningResidential - Mixed Housing Urban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Viscount School
0.39 km
Primary
1-8
Government
Co-Educational
EQI: 516
1
Mangere College
0.81 km
Secondary
9-15
Government
Co-Educational
EQI: 525
1
Sir Douglas Bader Intermediate School
1.26 km
Secondary
7-8
Government
Co-Educational
EQI: 522
1

Property history

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For developers

Unitary plan:Residential - Mixed Housing Urban Zone
Land:-
Title:Cross-Lease
Zoning
Underground
Contour
State houses
Flood zone

Suburbs

Data analysis - Mangere properties data
Mangere property trend
Year
Median price
Growth
Sales count
2022
$730,000
17.3%
3
2021
$622,500
9.2%
8
2020
$570,000
-3.8%
6
2019
$592,500
48.1%
2
2018
$400,000
-5.9%
8
2017
$425,000
-7.5%
7
2016
$459,500
33.6%
6
2015
$344,000
16.6%
2
2014
$295,000
-
3

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.14 km
3
1
95m2
Year 2024 Month 05 Day 30
$1,050,000
Council approved
0.14 km
3
1
95m2
Year 2024 Month 03 Day 23
$1,323,250
Council approved
33 Convair Crescent
0.15 km
5
168m2
Year 2024 Month 03 Day 08
$1,050,000
Council approved
0.28 km
3
1
100m2
Year 2024 Month 02 Day 15
$810,000
Council approved
1/33 Idlewild Avenue
1.24 km
3
1
96m2
Year 2024 Month 01 Day 31
$682,000
Council approved

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Ref:MGB30692Last update:2024-06-25 12:40:36