Nestled in the serene cul-de-sac of Gambare Place, Wattle Downs, this Freehold property on a flat 905m2 section is a gem for any homeowner or investor. The 1974-built residence boasts 6 bedrooms, 1 bathroom, and a single carpark, with the main house featuring 3 bedrooms and a minor dwelling offering an additional 3 bedrooms and 1 bathroom. The fibrous cement walls are in average condition, while the tile roof remains in good shape. This property, with a current Capital Value (CV) of $1,100,000, has seen a growth of 48.65% since 2017, reflecting a robust investment opportunity. The HouGarden AVM estimates the property's worth at $1,025,000, with the latest sale recorded in 1994 at $78,000.
For families with school-aged children, the property falls within the zones of Leabank School (Decile 1) and James Cook High School (Decile 1), ensuring quality education is within reach. This home and income opportunity, with subdivision consent approved, presents a golden chance for buyers looking to enter the property market or for investors seeking a reliable return.
Conveniently located near Motorway 1, Woolworths Wait Shores, Southmall, and accessible to Manurewa and Te Mahia train stations, this property offers both comfort and connectivity. With potential for further development, this address is not to be missed.
Updated on June 27, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.16 km | 3 | 1 | 80m2 | Year 2024 Month 10 Day 31 | $900,000 | Council approved | |
 | 0.09 km | 3 | 120m2 | Year 2024 Month 09 Day 26 | $845,000 | Council approved | ||
 | 0.05 km | 5 | 2 | 130m2 | Year 2024 Month 09 Day 13 | - | Council approved | |
 | 0.05 km | 3 | 110m2 | Year 2024 Month 09 Day 12 | $740,000 | Council approved | ||
 | 0.04 km | 4 | 3 | -m2 | Year 2024 Month 07 Day 26 | - | Council approved |