Auction03/07, Wednesday 13:00

34 Forbury Place, Mangere, Manukau City, Auckland

916m²

HouseListed on Thu Jun 6

Auction this week

Mangere 4 Bedroom Attention developers, investors, and governme...

Auction: 62 Highbrook Drive, East Tamaki on Wednesday 3 July 2024 at 1:00PM (unless sold prior)

This property is situated in the highly sought-after Mangere area, zoned as THAB boasts an impressive land area of 916m2. This presents an exceptional investment opportunity for those seeking to expand their property portfolios. The increasing demand for housing in Mangere has had a positive impact on the rental market, making it an attractive location for investors seeking competitive rental yields. With a limited supply of rental properties and anticipated population growth, this property offers a promising investment opportunity.

Nestled in a tranquil neighbourhood on a quiet street, this property is conveniently located just a short drive away from various amenities including shopping centers, schools, and parks. Additionally, the Southwestern Motorway is only a one-minute drive away, Walter Massey Park can be reached in two minutes,

The nearby motorway ensures easy access to the CBD and Auckland Airport, making it an ideal location for families and commuters alike. Don't let this opportunity slip away – seize this project without delay!

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See this listing on Barfoot & Thompson

Location

Auction

Jul03

Wednesday13:00

Open homes

Jul07

Sunday12:00 - 12:30

Council Data

Last update : 2024 06 25

Improvement value$50,000Reduced by -61% from year 2017

Land value$1,475,000Increased by 195% from year 2017

CV(Year 2021 Month 06)$1,525,000Increased by 142% from year 2017

View typeNo appreciable view

ContourLevel

Land area916m²

Floor area120m²

Decade of construction1970

TitleNA14A/975

Type of titleFreehold

Legal descriptionLOT 326 DP 59209

CouncilAuckland - Manukau

Estate descriptionFSIM,1/1,LOT 326 DEPOSITED PLAN 59209,916m2

Council rates$3,820.55 2023/2024

ConditionExternal Walls: Fair Roof: Average

ZoningResidential - Terrace Housing and Apartment Building Zone

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Nga Iwi School	0.46 km	Primary	1-6	Government	Co-Educational	EQI: 516	1	Detail
Sir Douglas Bader Intermediate School	1.00 km	Secondary	7-8	Government	Co-Educational	EQI: 522	1	Detail
Southern Cross Campus	1.52 km	Combined	1-13	Government	Co-Educational	EQI: 518	1	Detail
Mangere College	2.19 km	Secondary	9-15	Government	Co-Educational	EQI: 525	1	Detail
Aorere College	2.45 km	Secondary	9-15	Government	Co-Educational	EQI: 500	2	Detail

Property history

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Unitary plan:Residential - Terrace Housing and Apartment Building Zone

Land:916m²

Title:Freehold

Zoning

Underground

Contour

State houses

Flood zone

Suburbs

Data analysis - Mangere properties data

Sales count(Last 12 months)

23View

Type: Freehold

Sales median price(Last 12 months)

$942,000

Low: $650,000, High: $1,297,000

Rent median price(Last 12 months)

$795

Low: $635, High: $950

Mangere property trend

Year	Median price	Growth	Sales count
2023	$905,000	-15.9%	24
2022	$1,076,000	2%	35
2021	$1,055,000	24.1%	45
2020	$850,000	16%	49
2019	$732,500	0.3%	40
2018	$730,000	-0.7%	39
2017	$735,000	3.2%	35
2016	$712,500	15.9%	44
2015	$615,000	23%	60
2014	$500,000	-	58

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
644B Massey Road	0.04 km	3	2	104m²	Year 2024 Month 06 Day 19	$680,000	Council approved
1/6 Wayne Drive	0.34 km	3	1	100m²	Year 2024 Month 05 Day 01	$665,000	Council approved
17/45 Secoia Crescent	0.15 km	4	2	141m²	Year 2024 Month 04 Day 29	$819,000	Council approved
15 Prangley Avenue	0.37 km	3	1	180m²	Year 2024 Month 03 Day 20	$975,000	Council approved
11 Friesian Drive	0.34 km	5	3	187m²	Year 2024 Month 03 Day 12	$1,030,000	Council approved