Nestled in a central and sunny location, this charming 3-bedroom home on 1/138 Mangere Road, Otahuhu, Auckland, is a warm and inviting residence. Constructed in 1930 with wood walls and an iron roof, it sits on a level contour with an average condition for both walls and roof. The property is under a Cross-Lease ownership and offers a floor area of 103 square meters, equipped with a heat pump for year-round comfort. The interior boasts new flooring, carpet, and a modern kitchen, while the exterior presents a picturesque valley view and a leafy rear garden with storage and a carport.
Since 2017, the Capital Value (CV) has seen a growth of 44.64%, increasing from $560,000 to the current $810,000 as of June 2021. The HouGarden AVM estimates the property at $775,000, and the latest sale history shows a transaction at $665,000 in December 2023, compared to $520,000 in June 2018. This indicates a promising investment opportunity.
For families with children, the property falls within the decile 1 school zones of both Otahuhu College (Secondary, Year 9-15) and Fairburn School (Contributing). Its super central location provides easy access to Middlemore Hospital, shops, and Kings College, with nearby bus stops and motorway access, making it an ideal choice for city commuters and families alike.
Updated on October 21, 2024