Nestled at 8 Orrell Place, Mangere, Auckland, this residential dwelling is a gem for the discerning investor. The property boasts 4 bedrooms, 2 carparks, and a floor area of 155 square meters on a levelled land area of 548 square meters. Constructed in 2005 with brick walls and tiled roof, both in good condition, it is a leasehold property that has seen a significant increase in its capital value. From $710,000 in July 2017 to $850,000 as of June 2021, the CV has risen by nearly 20%, indicating a sound investment opportunity.
With a HouGarden AVM of $815,000 and a latest sale history that includes a sale in 2021 for $905,000 and another in 2024 for $780,000, the property presents a compelling case for potential returns. The consistent rental income of $840 per week from a Housing New Zealand lease until 2028, with built-in annual rental increases, ensures a steady cash flow for the investor.
For families, the property falls within the zone of several schools, including Mangere College and Sir Douglas Bader Intermediate, both with a decile rating of 1, and Jean Batten School and Aorere College, with decile ratings of 1 and 2 respectively. This adds to the property's appeal, making it not just an investment but a home in a thriving educational community.
Updated on April 24, 2024
年份 | 中位價 | 增幅 | 銷售數量 |
|---|---|---|---|
2021 | $907,500 | 15.6% | 4 |
2020 | $785,000 | 16.3% | 3 |
2019 | $675,000 | -4.6% | 2 |
2018 | $707,500 | 10.4% | 2 |
2017 | $641,000 | -0.6% | 5 |
2016 | $645,000 | 13.7% | 5 |
2015 | $567,500 | 26.4% | 4 |
2014 | $449,000 | - | 7 |
街道地址 | 距離 | 房間數 | 浴室數 | 建築面積 | 售出時間 | 售出價格 | 數據來源 | |
|---|---|---|---|---|---|---|---|---|
 | 0.27 km | 3 | 1 | -m2 | 2024年05月01日 | $976,500 | Council approved | |
 | 0.18 km | 3 | 2 | 146m2 | 2024年04月15日 | $872,000 | Council approved | |
 | 0.12 km | 3 | 1 | 0m2 | 2024年04月10日 | $845,000 | Council approved | |
 | 0.21 km | 3 | 1 | 180m2 | 2024年03月20日 | $975,000 | Council approved | |
 | 0.17 km | 4 | 2 | 158m2 | 2024年02月06日 | $1,015,000 | Council approved |