Nestled in the tranquility of 9a Vine Street, a prime freehold property in Mangere East, Auckland, this charming 3-bedroom, 1-bathroom residence exudes potential on a sprawling 1227sqm of level land. Constructed in 1960 with wood exterior walls and an iron roof, the property boasts a floor area of 78sqm and a single carpark, along with a large standalone garage suitable for families with children and pets. The property's capital value has seen a rapid increase of 28.2% from $780,000 in 2017 to $1,000,000 as of June 2021. The HouGarden AVM estimates the property's worth at $990,000, while the latest sale history shows a significant leap from $293,000 in 2005 to $835,000 in 2024. Close to supermarkets, shops, and with Sutton Park School and Southern Cross Campus in the vicinity, both rated decile 1, this home offers an ideal investment for first home buyers or investors looking to renovate or extend.
With a property contour that's easy to work with and a prime location that's hard to beat, this home is a land bank opportunity not to be missed. The possibilities are endless, with ample space for extensions and the convenience of being near Middlemore Hospital and major motorways heading both north and south. Don't miss your chance to secure this property before it's gone.
For families with school-aged children, the property falls within the highly sought-after school zones of Sutton Park School, a full primary, and Southern Cross Campus for years 7-8, both boasting a decile rating of 1. This quiet cul-de-sac is where memories are made and investments grow.
Updated on November 27, 2024