14 George Street, Mangere East, Auckland - Manukau

Nestled in the serene Mangere East, 14 George Street stands as a prime example of residential real estate, with its 4-bedroom, 2-bathroom, and 3-car park configuration. This freehold property, built with a mix of materials for both walls and roof, spans across a levelled 994 square meters of land, accompanied by a 150 square meter floor area. The property's Capital Value (CV) has seen a remarkable increase of 43.68%, from $870,000 in 2017 to $1,250,000 as of June 2021, echoing the rapid growth in the area's property market. The HouGarden AVM estimates the property's worth at $1,220,000, while the latest sales history shows a consistent upward trend, with sales in 2006 and 2012 valued at $330,000 and $451,000 respectively.

For families with educational considerations, the property falls within the zones of Kingsford School (Decile 1), Kedgley Intermediate (Decile 2), and Aorere College (Year 9-15, Decile 2), offering a comprehensive educational pathway. The location, in a quiet cul-de-sac, further enhances the appeal, being in close proximity to shopping, parks, and major thoroughfares, including the Southwestern Motorway, making it an ideal blend of convenience and tranquility.

With a limited supply of rental properties and a growing demand in the area, this property presents a golden opportunity for investors, developers, and government housing providers. The potential for high rental yields and the strategic location make it a compelling investment. Don't miss this chance to secure a valuable asset in a thriving suburb!

Updated on August 20, 2024