48 Tennessee Avenue, Mangere East, Auckland - Manukau

Nestled in the vibrant Mangere East, 48 Tennessee Avenue presents a rare and exciting opportunity on a prime residential site. This freehold property, built in 2000 with mixed materials and an iron roof, stands on a vast 3920m2 land with a 40-meter road frontage. It boasts 3 bedrooms, 56 carparks, and a floor area of 1871m2, all in good condition. The site has approved plans for 24 lots, including 18x 3 Bedroom 2 Bath and 6x 2 Bedroom 2 Bath units. The property's capital value has seen a remarkable increase of 26.39% from $10,800,000 in 2017 to $13,650,000 as of June 2021. The HouGarden AVM estimates it at $4,129,500, while the latest sales were at $8,434,685 in 2013 and $818,000 in 2006. It's located in a quiet cul-de-sac, close to Countdown supermarket and amenities, with easy access to Middlemore Hospital and Auckland Airport. The educational institutions in the area include Sutton Park School, Southern Cross Campus, and Mangere East School, all with a decile rating of 1.

Updated on October 11, 2024