Nestled on a serene cul-de-sac at 5 Corsair Crescent, Mangere, Auckland, this charming 3-bedroom, 1-bathroom residential property is a freehold haven. Constructed in 1966 with durable brick walls and tile roofing, it stands as a testament to classic craftsmanship. The 99sqm floor area is complemented by a spacious 706sqm section, creating a blank canvas for potential development. Notably, the property has experienced a significant Capital Value increase of 67.97%, from $640,000 in 2017 to the current $1,075,000 as of June 2021. The latest sale was recorded at $860,000 in February 2021, with the HouGarden AVM estimating the property's worth at $1,030,000.
For families with educational considerations, the property falls within the decile 1 zone for Viscount School (Full Primary), Mangere College (Secondary), and Sir Douglas Bader Intermediate, ensuring top-notch education is within easy reach. The convenient location, close to Middlemore Hospital, Auckland Airport, and major shopping centers, further enhances the property's appeal.
Boasting a heat pump, timber floors, and a well-maintained yard, this property is an ideal investment for first-time buyers or astute land bankers. The mixed housing urban zoning opens up a world of potential for future development. Don't miss the opportunity to secure this piece of prime real estate with a reserve price of just $1.
Updated on May 02, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.19 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 23 | $821,000 | Council approved | |
 | 0.26 km | 3 | 1 | 110m2 | Year 2024 Month 10 Day 08 | $796,000 | Council approved | |
 | 0.14 km | 4 | 1 | 134m2 | Year 2024 Month 10 Day 01 | - | Council approved | |
 | 0.25 km | 2 | 1 | -m2 | Year 2024 Month 07 Day 22 | - | Council approved | |
 | 0.14 km | 4 | 1 | 104m2 | Year 2024 Month 06 Day 27 | - | Council approved |