4 Ngae Place, Mangere East, Auckland - Manukau

Nestled in the tranquility of 4 Ngae Place, Mangere East, Auckland, this residential vacant land boasts a freehold title, ensuring full control and ownership. With a level contour, the 74 square meter property is complemented by a single carpark, making it an ideal foundation for your future home. While the specifics of the wall and roof construction remain unknown, the property's potential is undeniable, given its prime location in a quiet cul-de-sac.

As per the valuation records, the capital value has seen a remarkable leap, from a mere $41,000 in the sale of 1985 to the latest government valuation of $320,000 as of June 2021. The HouGarden AVM estimates the property's worth at $300,000, while the latest sale on June 21, 2024, sky-rocketed to $740,000, indicating a staggering growth percentage. Clearly, this is a sound investment with a promising financial trajectory.

For families with educational considerations, the property falls within the zones of Robertson Road School, a full primary with a decile rating of 1, and Southern Cross Campus for years 7-8, also rated a decile 1. These institutions offer quality education and contribute to the property's appeal, making it a wise choice for both investors and families.

Updated on July 11, 2024