14 Mckenzie Road, Mangatawhiri, Waikato

Nestled within the esteemed Lynmore School zone, 14 Mckenzie Road, Mangatawhiri, Waikato, presents a rare opportunity on a substantial land parcel. This unique property boasts a spacious three-bedroom home, brimming with character and modern touches, all set to enjoy a serene semi-rural view while maintaining privacy. The 630 square feet floor area is complemented by a generous 16187 square feet of land, with potential for DIY transformation into a tranquil oasis. Additionally, a charming two-bedroom cottage, renovated two years ago with new amenities, offers versatile income possibilities, whether as an Airbnb, rental, or space for extended family. The property, with an unknown ownership type, also allures with its potential for future development, being compliant with healthy home standards and ready for rental. Notably, the capital value has seen a 52.46% increase from $1,220,000 in July 2017 to $1,860,000 as of October 2020, with a HouGarden AVM estimate of $1,725,000. This is a property where the opportunities truly are endless.

Government valuations showcase a promising trend, reflecting a significant growth in the property's worth. The recent sale history and the rapid increase in capital value are indicative of a sound investment. The property's appeal is further enhanced by its proximity to quality educational institutions, such as Pukekohe High School (Decile 6), Mangatawhiri School (Decile 7), and Tuakau College (Decile 4), ensuring a desirable educational environment for families.

With a prime location in a sought-after school zone, this property is not just a home but a wise investment for the future. The combination of a growing capital value, versatile living spaces, and access to top-rated schools makes it an attractive package for any buyer.

Updated on May 29, 2024