12 Jaylo Place, Mangere, Manukau City

Nestled at the end of a serene, tree-lined cul-de-sac in Mangere, Auckland, this 2003-built, solid brick and tile residence boasts 3 bedrooms, 1 bathroom, and a 2-car park on a freehold section of approximately 456 SQM. The well-maintained home features a tile roof and brick walls, with large windows inviting sunlight into the spacious living areas. Currently leased to Housing New Zealand until June 30, 2025, it offers a guaranteed annual rent with annual CPI rent reviews, and is managed by a Property Manager, providing investor ease. The property has shown a 23.53% increase in Capital Value from $680,000 in 2017 to the current $840,000 as per the latest government valuation. The HouGarden AVM estimates the property at $785,000, while the latest sales were recorded at $610,000 in 2015 and $260,000 in 2003. Minutes away from the airport, motorway, and shopping centers, this home is perfect for both first-home buyers and investors.

Educationally, the property falls within the zones of Mangere College (Secondary, Decile 1), Mangere Central School (Full Primary, Decile 1), and Sir Douglas Bader Intermediate (Intermediate, Decile 1), offering a range of schooling options for families.

With its functional design, tranquil garden views, and prime location, this property presents an urgent and unmissable opportunity for the discerning buyer.

Updated on July 05, 2024