Nestled in the tranquil Mangere East, 102 Vine Street presents a charming 3-bedroom, 1-bathroom residence on a freehold title. Constructed in 1960 with wood walls and an iron roof, this home offers a floor area of 93 sqm on a sprawling 756 sqm level plot. The property, with an average wall and roof condition, is complemented by a single carpark and a large, fully fenced section - ideal for children and pets to roam freely. Notably, the capital value has seen a rapid increase of 35%, from $600,000 in 2017 to $810,000 as of June 2021. The HouGarden AVM estimates the property at $775,000, while the latest sales were recorded at $415,000 in 2014 and $148,000 in 1999.
For investors and families alike, the property's location within the decile 1 school zones of Sutton Park School (Full Primary) and Southern Cross Campus (Years 7-8) is a significant draw. This home, currently tenanted by a Community housing provider at $695 a week, presents a golden opportunity for value addition through basic renovations. It's a chance to secure a property with immense potential in a sought-after educational district.
With easy access to motorways, schools, and transport links, this home on a quiet cul-de-sac is a smart investment for the future. Don't miss out on the opportunity to add your personal touch to this already captivating property.
Updated on October 18, 2024