Nestled in the serene Waterlea zone, this delightful 1950s home on 1/3 Kowhai Avenue presents a charming blend of yesteryear's grace and modern convenience. With 3 bedrooms, this cross-lease property is graced with a solid iron roof and well-maintained wooden exterior walls. The spacious floor area of 200 square meters is complemented by a carpark that accommodates 3 vehicles. The property has seen a significant Capital Value (CV) increase, rising from $1,075,000 in July 2017 to the current $1,525,000 as of June 2021, indicating a growth rate of 41.86%. The HouGarden AVM estimates the property's value at $1,422,500, while the latest sales history shows a progression from $371,000 in 2007 to $750,000 in 2015.
For families, the property falls within the catchment of several schools, including Waterlea Public School with a decile rating of 5, Mangere Bridge School with a decile rating of 3, and Mangere College for secondary education with a decile rating of 1. The nearby Royal Oak Intermediate School and Onehunga High School also offer additional educational options. This home not only boasts a prime location but also a warm, inviting ambiance with its north-facing decks and cozy wood burner fire, making it an ideal blend of character and convenience.
Located in a quiet cul-de-sac, the property is just a short stroll from local amenities, including cafes, shops, and the esplanade walkway, offering the best of both tranquility and urban living. Don't miss the opportunity to own a piece of Mangere Bridge's history.
Updated on June 10, 2024