Nestled in the serene Mangere East, 46 Cottingham Crescent presents a residential haven on a freehold site, constructed in 1970 with fibrous cement walls and tiled roofing. This 4-bedroom domicile, with a floor area of 108sqm and a land area of 609sqm, includes a carpark and is move-in ready. The property is situated in a zone with easy/moderate rise contours, away from flood zones, and enjoys amenities like wastewater and stormwater services on-site, making it an attractive option for potential development in the Mixed Housing Urban Zone, subject to council consent.
From a CV of $570,000 in 2017, the capital value has surged to $990,000 as of 2021, indicating a growth rate of 73.68%. The HouGarden AVM estimates the property at $950,000, while the latest sale history shows a significant leap from $85,000 in 1988 to $562,500 in 2019. This upward trend highlights the investment potential of this property.
For families with school-going children, the Southern Cross Campus, a composite school with a decile rating of 1, is in the vicinity. This quiet cul-de-sac street offers a peaceful environment for both children's education and family living.
Updated on April 30, 2024