Nestled in the serene Mangere East, at 1/31 Graeme Avenue, this residential ownership home unit boasts a practical floor area of 79 square meters. Constructed in 1950 with solid brick walls and tiled roofing, the property is in average condition both inside and out. It features 2 bedrooms, 1 bathroom, and a single carpark, all set on a level contour. The home is well-insulated with a heat pump and offers a separate living area, an open-plan kitchen with modern appliances, and a spacious backyard for family activities. The property, with a Cross-Lease ownership, presents a 33.96% Capital Value increase from $530,000 in 2017 to the current $710,000 as per the latest government valuation. The HouGarden AVM estimates the property at $645,000, while the latest sale history shows a significant jump from $315,000 in 2012 to $675,000 in 2021.
For families with school-aged children, the property falls within the zones of Papatoetoe North School, Kedgley Intermediate, and Aorere College, all with a decile rating of 2. This home offers a combination of comfort, convenience, and potential for further value appreciation, making it an ideal choice for both first-time buyers and those looking to downsize.
With its excellent location, minutes away from Manukau City Centre, Middlemore Hospital, and the Southern Motorway, and its proximity to the airport and local amenities, this property is not just a house but a complete package. The private backyard with a deck area is perfect for outdoor entertainment, and the single garage, carport, and open parking provide ample space for vehicles. Don't miss this opportunity to secure a slice of paradise in the heart of Mangere East.
Updated on December 05, 2024