Nestled in the serene Mangakino, at 18 Korari Crescent, this 1940-built, freehold property boasts a capital value of $505,000, a significant increase of 98.04% from its 2019 valuation. This well-maintained 2-bedroom, 1-bathroom home with a single carpark, sits on a level 799 sqm section. Constructed with wooden walls and an iron roof, it offers a comfortable floor area of 78 sqm, complemented by a guestroom and ensuite, mere minutes from the lake. The property, with its spacious deck, modern kitchen, and a variety of fruit trees, also includes outdoor amenities like a pizza oven, garage, workshop, and carport. The HouGarden AVM estimates the property at $485,000, while the latest sale in 2015 was for $135,000.
With a potential for air bnb income, this property is not just a home but a sound investment. Its central location in the North Island, close to amenities and leisure spots like the golf course and local café, makes it an ideal live-in or rental opportunity. The property's CV has seen a rapid growth, reflecting its increasing desirability in the market.
For families with children, the property falls within a desirable school zone. With excellent educational facilities and a high decile rating, the area ensures a quality education for young ones.
Updated on October 16, 2024
adresse | distance | nombre de chambres | nombre de salles de bain | superficie du bâtiment | date de vente | prix de vente | source de données | |
|---|---|---|---|---|---|---|---|---|
 | 1.25 km | 2 | 1 | 65m2 | 2024 11 06 | $410,000 | Council approved | |
 | 0.68 km | 0m2 | 2024 11 04 | $220,000 | Council approved | |||
 | 0.57 km | 3 | 1 | 110m2 | 2024 10 24 | - | Council approved | |
 | 0.69 km | 3 | 1 | 94m2 | 2024 10 17 | - | Council approved | |
 | 0.72 km | 1 | 50m2 | 2024 08 08 | - | Council approved |