This exceptional property located at 7 Growers Lane, Mangere East, Auckland - Manukau, offers a unique blend of comfort and potential. Boasting 3 bedrooms, 1 bathroom, and 1 carpark, this home spans a floor area of 91m² on a generous 623m² freehold section. Constructed in 1980 with fibrous cement walls and tile roofing, both in good condition, this residence is a testament to quality and durability. The level contour of the property enhances its appeal, making it an ideal choice for families or developers alike.
From a financial perspective, the property has shown impressive growth, with its capital value increasing from $610,000 in July 2017 to $920,000 in June 2021, marking a 50.82% rise. The HouGarden AVM estimates its value at $882,500, reflecting its desirability in the current market. This home, with its proximity to Mangere East Village and essential amenities, offers a rental appraisal of $700 - $750/week, making it an attractive option for investors.
Education is a priority, and this property does not disappoint. Located within the zones for Southern Cross Campus (Yrs 7-8) and Mangere East School, both schools have a decile rating of 1, ensuring access to quality education. The surrounding area is rich in educational opportunities, providing a solid foundation for young residents.
Updated on April 04, 2024.