3/153 Wallace Road, Mangere Bridge, Auckland - Manukau

Nestled in the heart of Mangere Bridge, Auckland - Manukau, this Cross-Lease property at 3/153 Wallace Road is a gem from the 1970s. It features three generously sized double bedrooms, a well-appointed bathroom, and a single garage, all spread over a floor area of 80m². The exterior boasts fibrous cement walls in good condition and a tiled roof, also in good condition, reflecting the property's overall solid structure. The property's contour is described as easy/moderate rise, indicating a comfortable living environment.

From a financial perspective, the property has seen a significant increase in capital value, from $620,000 in July 2017 to $730,000 in June 2021, marking a 17.74% growth. The HouGarden AVM estimates the property's value at $720,000. Its sale history reveals a steady appreciation, with sales recorded at $119,000 in July 2000 and $403,000 in March 2013. This trend underscores the property's excellent investment potential and its appeal in the current market.

The property is zoned for several schools, including Mangere Bridge School (Contributing, decile 3), Mangere College (Secondary, decile 1), Sir Douglas Bader Intermediate (Intermediate, decile 1), and Royal Oak Intermediate School (Intermediate, decile 2). This wide range of educational options, combined with the property's prime location near Mangere Lagoon and Domain, makes it an ideal choice for families seeking both convenience and quality schooling.

Updated on March 21, 2024.