Located at 2/23 Miller Road, Mangere Bridge, Auckland - Manukau, this residential dwelling is a prime opportunity for those looking to enter the property market or invest. The property features 2 bedrooms, 1 bathroom, and 1 carpark, with a floor area of 70m². Constructed in the 1950s with fibrous cement walls and an iron roof, both in average condition, this cross-lease property sits on a level contour. The interior offers an open-plan living/dining and kitchen area, filled with natural light and opening to a covered deck. The large, fully fenced garden is ideal for families, boasting a variety of fruit trees and a garden bed ready for planting. Additionally, there is a nearly new office cabin with two rooms, double glazed for comfort, and a large garden shed for storage. The north-facing garden provides a private outdoor area with all-day sun.
From its initial government valuation (CV) of $505,000 in July 2017, the property's CV has surged to $960,000 by June 2021, marking a 90.09% increase. The latest HouGarden AVM estimates the property's value at $945,000. Historical sales data reveals a sale for $515,000 in December 2015, following a previous sale at $441,500 in February 2015. This property's capital value has shown significant growth, making it an attractive investment or first home with room for improvement and value addition through renovations.
The property is zoned for Mountain View School (decile 1), Mangere College (decile 1), and Sir Douglas Bader Intermediate (decile 1), catering to a wide range of educational needs from contributing to secondary levels. This location offers the benefits of being close to educational institutions while also providing a large, secure garden space for family activities.
Updated on March 21, 2024.