Located at 1/12 Reagan Road, Manukau, Auckland - Manukau, this tastefully renovated unit presents a perfect opportunity for first home buyers or investors. The property features 2 spacious bedrooms, a generous living area equipped with a heat pump, a carport alongside shared visitor parking, and is situated as the front unit in a block of 8. Constructed with solid brick and tiles in 1977, the building's wall and roof conditions are rated as good. The unit spans a floor area of 62m² under a Unit Title, with no specified land area. Its convenient location offers a short walk to AUT and Westfields Mall Manukau, making it an ideal hassle-free investment with a rental appraisal of $600 - $620 per week.
The property has seen a significant capital value increase from $360,000 in July 2017 to $500,000 in June 2021, marking a 38.89% growth. The latest HouGarden AVM estimates the property's value at $480,000. Its sale history includes transactions at $465,000 in May 2018 and $225,000 in October 2011, indicating a steady appreciation over time.
For families considering educational facilities, the property is zoned for Papatoetoe East School (decile 2), Papatoetoe Intermediate (decile 2), and Papatoetoe High School (decile 3), covering a range of schooling options from contributing through to secondary (Year 9-15).
Updated on April 04, 2024.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.31 km | 2 | 1 | -m2 | 2024 06 19 | $590,000 | Council approved | |
 | 0.03 km | 3 | 1 | 170m2 | 2024 04 27 | $830,000 | Council approved | |
 | 0.30 km | 2 | 1 | 95m2 | 2024 03 05 | $620,080 | Council approved | |
 | 0.17 km | 3 | 1 | -m2 | 2024 03 01 | $805,000 | Council approved | |
 | 0.07 km | 4 | 3 | -m2 | 2024 02 01 | $1,047,000 | Council approved |