8 Cramond Drive, Mangere East, Auckland - Manukau

Welcome to 8 Cramond Drive, Mangere East, Auckland - Manukau, a prime piece of residential vacant land multiple housing with a rich history and a bright future. This property boasts a cozy 3-bedroom, 1-bathroom home with a double garage, nestled on a spacious 660m2 freehold section. The house, built in 1968, features wood wall construction and an iron roof, both in average condition, promising a solid foundation with room for improvement. The level contour of the property ensures ease of access and development potential, making it an attractive proposition for developers and investors alike.

Since its last valuation in 2017 at $630,000, the property has seen a remarkable capital value increase of approximately 70.63%, reaching $1,075,000 by 2021. This growth trajectory is complemented by a HouGarden AVM estimate of $1,057,500, highlighting the property's consistent appeal in the market. The latest sale in October 2022 fetched $965,000, significantly up from its 2012 sale price of $355,000, reflecting the area's rising desirability and the property's investment potential.

The property is ideally located within the zones for Kingsford School (decile 1), Kedgley Intermediate (decile 2), and Aorere College (decile 2), offering a range of educational options for families. Its proximity to schools, parks, shops, public transport, and major motorways enhances its appeal, providing convenience and accessibility for a comfortable lifestyle or promising development project.

Updated on March 22, 2024.