1/11 Church Road, Mangere Bridge, Auckland - Manukau

Nestled in the vibrant heart of Mangere Bridge on Church Road, this charming property is a half-share of an 809m2 prime residential lot. Constructed in 1950 with robust brick walls and tiled roofing, it boasts a generous 120m2 floor area, three spacious bedrooms, and a family bathroom designed with wheelchair accessibility. Currently tenanted by a commercial healthcare facility, it presents a unique opportunity for investors, with a potential combined income of $92,000 per annum. The property's CV has seen a remarkable increase of 42.86% from $1,050,000 in 2017 to $1,500,000 as of June 2021, echoing the growth trends indicated by the HouGarden AVM of $1,397,500. The latest sales history showcases a surge from $615,000 in 2015 to $850,000 in 2020, highlighting the investment potential. Within the property's catchment, Mangere Bridge School ranks a decile 3, while Mangere College, Royal Oak Intermediate, and Onehunga High School cater to various educational levels, each with their own unique decile ratings. This is not just a home; it's a promise of lucrative returns in a rapidly appreciating area.

Updated on July 02, 2024