48 Tennessee Avenue, Mangere East, Auckland
- Available32Townhouses
- Estimated CompletionQ4 2026
73-99m²
62-111m²
2-32
1-21
1-1
Turn-Key
Welcome to 48 Tennessee Avenue, Mangere East, a thoughtfully designed residential development featuring Thirty Two modern homes spread across five well-planned blocks. Offering a mix of two-bedroom townhouses with either one or two bathrooms, as well as a limited number of three-bedroom, two-bathroom homes, this development caters to a wide range of lifestyles and buyers. Each home spans two levels, with most offering an open-plan living areas on the ground floor and bedrooms and bathrooms located upstairs for added privacy and functionality.
Inside, you’ll find U-shaped kitchens, quality Midea appliances, and built-in wardrobes in every bedroom, delivering both comfort and practicality. Most homes enjoy open-plan layouts, while select units feature a split living design for added flexibility. Homes with two bathrooms include a well-appointed ensuite and family bathroom, ideal for couples, flatmates, or small families. With seven floor plans to choose from and off-street parking included with every home, there’s something here to suit every need.
Ideally located near Middlemore Hospital, schools, public transport, and shopping amenities, 48 Tennessee Avenue places you in the heart of Mangere East, a suburb known for its connectivity and growing community appeal. Whether you're looking for your first home or a low-maintenance investment, these stylish, well-located townhouses offer excellent value and convenience on Auckland’s doorstep.
- Capital Growth+6.37%
- Gross Yield5.96%
Location
Conveniently located near a wide range of amenities — including shops, restaurants, parks, and excellent schools — this neighborhood offers an ideal balance of modern urban living, accessibility, and a welcoming community atmosphere.
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Investment Overview
20 year average
Investment Analysis & Insight
48 Tennessee Avenue presents a compelling opportunity for property investors, with two-bedroom homes starting from $599,000 and three-bedroom homes from $775,000, both sitting well below the Mangere East median sale price of $800,000, and significantly under the Auckland region median of $1,330,000. This favorable pricing allows investors to enter the market with lower capital outlay while benefiting from the potential for long-term capital appreciation. Over the past 20 years, Mangere East has demonstrated capital growth of 6.92% annually, reflecting consistent demand and strong fundamentals in this growth corridor.
The development’s proximity to Middlemore Hospital, one of Auckland’s largest employers and a major healthcare hub, provides a key drawcard for both tenants and future resale value. The location also benefits from planned and ongoing infrastructure upgrades in South Auckland, including improvements to motorway links, public transport networks, and housing intensification projects supported by the Auckland Unitary Plan. These improvements are set to further enhance the area's accessibility and liveability, driving future value.
Rental demand in Mangere East remains robust, with a median weekly rent of $620, offering healthy gross yields relative to entry prices in the development. The suburb’s strategic position, close to Auckland Airport, major industrial zones, educational institutions, and shopping precincts attracts a wide pool of renters, from hospital staff and airport workers to young families and professionals.
48 Tennessee Avenue offers a high-quality, low-maintenance investment in a suburb with strong capital growth history, solid rental returns, and increasing future potential. With its accessible pricing, central location, and proximity to major employment and transport hubs, this development is well-positioned for both steady income and long-term value growth.
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