49 Ngae Place, Mangere East, Auckland - Manukau

Nestled in the tranquility of a quiet cul-de-sac at 49 Ngae Place, Mangere East, Auckland, this freehold property boasts a well-maintained fibrous cement exterior and an iron roof in good condition. The 72 square meter floor area is spread across 2 bedrooms, 1 bathroom, and a levelled land area of 99 square meters. Built in 2024, this residential ownership home unit presents a practical living space with a promising capital value.

As per the valuation records, the property's capital value as of June 2021 stands at $760,000, with a HouGarden AVM estimate of $730,000. The latest sale on September 3, 2024, indicates a transaction price of $635,000, highlighting a potential for growth and investment. The capital value has seen a significant increase over the years, reflecting a promising trend for the property's worth.

Educationally, the property falls within the zones of Robertson Road School, a full primary with a decile rating of 1, and Southern Cross Campus for years 7-8, also rated a decile 1. This addresses a strong demand for families seeking quality education within a convenient location.

Updated on October 23, 2024