102 Chingford Close, Mangere, Manukau City

Welcome to 102 Chingford Close, a charming weatherboard home nestled in the heart of Mangere. This residential property boasts three spacious bedrooms, one bathroom, and a generous double garage, all set on a 678sqm freehold section. Constructed in 1975, the home features wood walls and tiled roofing in average condition, with a level contour that adds to its appeal. This property, with its potential for value addition or land banking, is a golden opportunity for discerning buyers.

From a valuation perspective, the property has seen a significant increase in its Capital Value, rising from $620,000 in July 2017 to the current $1,250,000 as of June 2021, reflecting a growth rate of 101.62%. The HouGarden AVM estimates the property's worth at $1,240,000, while the latest sale in 1997 was for $134,000, showcasing the property's long-term investment potential.

For families with children, the property falls within a desirable school zone. Sir Douglas Bader Intermediate, Southern Cross Campus, and Jean Batten School are all within reach, offering a range of educational options with a decile rating of 1. The location, combined with the property's attributes, makes it an ideal choice for those seeking comfort, connectivity, and investment returns.

Updated on November 22, 2024