12 Magnetite Lane, Flat Bush, Auckland - Manukau

Nestled in the serene cul-de-sac of Magnetite Lane, this 85-square-meter townhouse boasts a freehold title and a well-maintained mixed-material exterior. Constructed in 2021 with an iron roof, it offers 2 bedrooms, 1 bathroom, and a carpark. The property has experienced no change in its Capital Value since 2017, holding steady at $670,000. The latest sale in April 2021 was at $637,500, while the HouGarden AVM estimates it at $675,000. This home is perfect for those seeking a peaceful, low-maintenance lifestyle, with the added benefit of no body corporate fees.

Since 2017, the CV has remained unchanged, reflecting a 0.0% increase. However, the property's appeal is not solely based on its financials. It's the combination of a Master Build warranty, double-glazed windows, and a prime location that adds to its allure. The government-estimated value coupled with the HouGarden AVM suggests a promising investment opportunity in the Flat Bush area.

For families with school-aged children, this property falls within the decile 7 zone, serving the esteemed Ormiston Primary, Junior, and Senior Colleges, as well as Sancta Maria College. These schools offer a comprehensive education from Year 7 to Year 15, ensuring a bright future for your children.

Updated on September 16, 2024