Nestled in the serene ambiance of a quiet cul-de-sac, the property at 19 Wakelin Road, Mangere East, Auckland - Manukau, stands as a testament to timeless elegance and enduring quality. This freehold residential dwelling, constructed in 1960, boasts a floor area of 93 square meters, set upon a generous land area of 764 square meters. The home features three bedrooms, one bathroom, and one carpark, making it an ideal setting for both comfort and convenience. The wooden walls and iron roof, both in good condition, encapsulate the charm of this property, while the steep fall contour adds a unique character to the landscape.
Over the years, the capital value of this property has seen a remarkable increase, from $600,000 in July 2017 to $810,000 in June 2021, marking a 35% growth. This upward trajectory is further evidenced by the HouGarden AVM estimate of $775,000 and a recent sale in January 2024 for $760,000, significantly up from its $169,000 sale in December 2004. Such figures not only highlight the property's appreciating value but also its potential for yielding returns, making it a lucrative opportunity for first home buyers, investors, or land bankers.
Education is a cornerstone of this property's appeal, with proximity to Sutton Park School and Southern Cross Campus (Yrs 7-8), both of which are full primary and composite schools respectively, with a decile rating of 1. This location ensures access to quality education, making it a perfect choice for families looking to provide their children with a solid educational foundation.
Updated on April 06, 2024.