8 Friesian Drive, Mangere, Auckland - Manukau

Nestled in the coveted suburb of Mangere, Auckland, this freehold property on 706m2 of land is a gem for developers and investors. The 96m2 floor area home boasts 3 bedrooms, 1 bathroom, and a single carpark, with exterior walls crafted from wood and a robust tile roof. Built in 1965, the property maintains an average condition both inside and out, with a contour that's perfectly level. The site's potential is further enhanced by its Residential - Mixed Housing Urban zoning, with infrastructure in place to facilitate future development.

As per the latest valuations, the capital value has surged by 52.17% over the past 4 years, from $690,000 in 2017 to $1,050,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,025,000, while the last sale in 1997 was for $160,000. This rapid appreciation underscores the investment potential of this address.

For families, the property falls within the catchment of several schools, including Sir Douglas Bader Intermediate and Southern Cross Campus, both with a decile rating of 1. Nearby are Jean Batten School and Aorere College, rated decile 1 and 2 respectively, ensuring a quality education for children of all ages.

Updated on July 31, 2024