5 Hokianga Street, Mangere East, Auckland - Manukau

Positioned in the serene Mangere East, 5 Hokianga Street presents a charming family home on a generous 675m2 of freehold land. Constructed in 1963 with solid brick walls and an iron roof, this 106m2 residence boasts 3 bedrooms, 1 bathroom, and 2 car parks. The property has seen an impressive 46.33% increase in Capital Value since 2017, with the current CV standing at $1,100,000. The latest sales history showcases a high demand, with the property selling for $1,150,000 in April 2022 and $1,110,000 in February 2021. HouGarden AVM estimates the property's worth at $1,005,000. For families with school-aged children, the property falls within the zones of Kingsford School (Decile 1), Papatoetoe North School (Decile 2), Kedgley Intermediate (Decile 2), and Aorere College (Year 9-15, Decile 2), ensuring quality education is within easy reach.

Boasting a sturdy structure and a promising investment opportunity, this property is perfect for those seeking both capital gains and a stable rental income, with a fixed tenancy in place until mid-January 2026. The home's tidy condition, coupled with its prime location, makes it an attractive prospect for any savvy investor. Don't miss your chance to secure this solid investment at the upcoming auction on 3/12/24 at Ray White Manukau.

Disclaimer: This property is sold by auction, and potential buyers should conduct their due diligence.

Updated on December 11, 2024