25a Gray Avenue, Mangere East, Auckland - Manukau

Nestled on a spacious 633m2 freehold land, this exquisite 3-bedroom, 2-car park home at 25a Gray Avenue, Mangere East, Auckland, is a perfect blend of classic charm and modern convenience. Constructed in 1960 with wood walls and iron roofing, both in good condition, the property exudes a warm and inviting ambiance. The capital value has seen a rapid increase of 32%, from $750,000 in 2017 to $990,000 as of June 2021, reflecting its growing desirability and investment potential. The HouGarden AVM estimates the property's worth at $965,000, while the latest sales history shows significant value appreciation.

With a floor area of 140m2, the residence features a private ensuite for added convenience and boasts a beautifully presented, expansive lounge and dining area. The modern kitchen is a delight for cooking enthusiasts. Notably, the property benefits from a recent roof upgrade with solar panels, enhancing energy efficiency. Historically, the property sold for $420,000 in 2003 and $280,000 in 2004, highlighting the substantial growth in its value over the years.

For families with school-aged children, the property falls within the zones of Mangere East School (Decile 1, Full Primary), Kedgley Intermediate (Decile 2), and Aorere College (Decile 2, Secondary). This ensures access to quality education at all levels. The combination of a prime location, comfortable living spaces, and promising investment returns makes this property an attractive option for discerning buyers.

Updated on August 15, 2024