25 Tranent Road, Mangere, auckland, townhouses
25 Tranent Road, Mangere, Auckland offers 18 architecturally designed 2 and 3-bedroom townhouses with selected off-street car parking and a secure lock-up for your bicycle.
Inside you’re greeted with the open plan kitchen and living area. The stylish yet functional kitchen is designed as an L-shape which is perfect for cooking together. There’s a breakfast bar for dining, and the kitchen features quality, modern finishes such as a Prime Stone benchtop, soft close drawers, Melamine cabinetry and Samsung stainless steel appliances.
All units have a handily located guest toilet on the ground floor. Upstairs are two bedrooms which both include built-in wardrobes, and a stylish bathroom that features a fully tiled shower for easy cleaning, and a floating vanity which creates a sense of spaciousness.
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Location
This close knitted neighbourhood is the perfect place for young families or couples looking to put their roots down. 25 Tranent Road, Mangere, Auckland is a quiet cul-de-sac street with access to public transport and great transport links nearby.
PAK'nSAVE Mangere 2.2km
Mangere Arts Centre 2km
Mangere Town Centre 1.6km
Mangere Unichem Pharmacy 1.8km
Countdown Mangere 1.7km
Middlemore Hospital 4.1km
Tureki Healthcare 1.3km
Note: Cost to own and cashflows are approximate examples only. Actual results achieved will vary based on purchase price, interest rate, deposit %, providing carparks, providing furniture, insurance, property rates and rental rate. Please download free analysis software to complete your own analysis. Our team can help you with this, so don’t hesitate to contact us.
Investment Overview
25 Tranent Road presents a lucrative investment opportunity with eighteen two and three-bedroom homes with select units, including off-street car parking. With units available for just $619,000, these residences offer an attractive proposition for property investors and first-home buyers.
The pricing sets this development apart, significantly below Mangere's median sale price of $835,000. This makes 25 Tranent Road an appealing option for those looking to enter the Auckland housing market without the burden of a high price tag.
Mangere is increasingly gaining popularity among property enthusiasts and is characterised by its affordability relative to Auckland's median sale price. This suburb is a gateway for investors and first-time buyers, providing a soft entry point into the competitive Auckland housing market.
The current housing shortage in Auckland only enhances the attractiveness of this investment. The demand for well-designed townhouses is rising, driven by both the housing scarcity and the growing preference for low-maintenance living. 25 Tranent Road perfectly aligns with this trend, offering modern, well-designed homes that cater to the developing needs of today's property market.
Investing in 25 Tranent Road, Mangere presents a chance to capitalise on the suburb's popularity, strategic pricing, and the ongoing housing shortage in Auckland. As the demand for affordable, well-designed homes continues to rise, this development stands poised to deliver attractive returns for savvy investors.
Investment Overview
Strategy: Off the plan Upside: Growth prior to settlement Rent: Unfurnished Deposit: 10% Title: Freehold
Investment Type
Dwelling: Townhouse Growth: High Yield: High Pros: Proximity to the city centre, Low maintenance living
Suburb Performance
Median sale price 10 years: +109% Median sale price 20 years: +351% Capital growth 10 years: 7.64% Capital growth 20 years: 7.83%