Nestled on a prime 675sqm corner section in the heart of Mangere East, Auckland, this freehold property boasts a solid brick construction and a tiled roof, built in 1962. The residence features 3 bedrooms, 1 bathroom, and 2 car parks, with a level contour and a well-maintained interior and exterior. The capital value has seen a significant increase from $750,000 in 2017 to $1,250,000 as of June 2021, reflecting a growth rate of 66.67%. The property is tenanted and has been a long-term home for the current occupants, presenting a stable investment opportunity.
With a HouGarden AVM of $1,160,000 and a latest sale history of $333,000 in 2006, this property offers great potential for buyers. The government valuation growth and the absence of a flood zone designation further enhance its appeal. The property falls within the catchment area of Papatoetoe North School, Kedgley Intermediate, and Aorere College, all with a decile rating of 2, making it an ideal choice for families with educational considerations.
Don't miss this chance to secure a piece of real estate in a sought-after location, with excellent schools and convenient access to services. This property is ready for your solicitor's review, and our agent is open to conjunctions with all agencies. Serious buyers are encouraged to act quickly and inspect the property to appreciate its full potential.
Updated on May 20, 2024