1/12 Reagan Road, Manukau, Auckland - Manukau

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.