Nestled in the tranquility of 188 Tennessee Avenue, Mangere East, this residential dwelling on a freehold title boasts 3 bedrooms, 1 bathroom, and a single carpark. Constructed in 1960 with wood walls and an iron roof, both in fair condition, this property sits on a generous 1032sqm of land with an easy/moderate fall contour and a floor area of 94sqm. The blank canvas it presents invites renovation enthusiasts or investors seeking a high-return project with the potential for significant capital value growth.
Since 2017, the government valuation has seen a remarkable increase of 33.87%, reaching $830,000 as of June 2021. The HouGarden AVM estimates the property's worth at $795,000, while the latest sale history suggests great investment potential. This is a home where one can renovate, rebuild, or invest, with the promise of reaping substantial rewards.
For families with children, the property falls within the zones of Sutton Park School, a full primary with a decile rating of 1, and Southern Cross Campus for years 7-8, also rated a decile 1. This quiet cul-de-sac offers a peaceful setting for academic pursuits and family life.
Updated on October 10, 2024