Nestled in the tranquility of a quiet cul-de-sac at 31 Mcburney Place, Mangere East, Auckland, this freehold property is a charming residential-vacant land with multiple housing potential. Constructed in 1965 with wood walls and iron roofing, both in good condition, the property boasts 3 bedrooms, 1 bathroom, and 2 car parks. It spans an area of 89 square meters floor and 673 square meters land. The property's capital value has seen a remarkable increase from $660,000 in 2017 to $1,125,000 as of 2021, a growth of 70.45%. The separate garage, carport, and deck make it an ideal summer retreat.
With a HouGarden AVM of $1,030,000 and a latest sale history of $80,000 in 1990, this property presents a lucrative investment opportunity. The recent government valuation reflects its increasing desirability in the market.
For families with school-going children, the property falls within the zones of Mangere East School (Full Primary, Decile 1), Kedgley Intermediate (Decile 2), and Aorere College (Secondary, Decile 2), ensuring access to quality education.
Updated on December 11, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.12 km | 6 | 3 | 229m2 | Year 2024 Month 11 Day 26 | $1,160,000 | Council approved | |
 | 0.20 km | 2 | 1 | 70m2 | Year 2024 Month 11 Day 14 | - | Council approved | |
 | 0.20 km | 3 | 2 | 130m2 | Year 2024 Month 10 Day 16 | - | Council approved | |
 | 0.02 km | 4 | 110m2 | Year 2024 Month 09 Day 23 | $1,050,000 | Council approved | ||
 | 0.15 km | 4 | 1 | -m2 | Year 2024 Month 08 Day 01 | $742,000 | Council approved |