Discover the unrealized potential in this weatherboard gem located at 9 Kamaka Road, Mangere Bridge, Auckland - Manukau. This property, sitting on a generous 672sqm of level land, offers a prime opportunity for the savvy buyer. With three bedrooms, a separate toilet, and a dedicated laundry area, this 109sqm dwelling built in 1961 features an iron roof and wood construction, both in average condition. The property, categorized under Residential - Dwelling, is a Freehold title, promising a solid foundation for transformation. An enclosed porch and a detached garage, which could double as a workshop, add to the charm and potential of this residence.
The property has seen a significant increase in capital value, from $640,000 in July 2017 to $1,075,000 in June 2021, marking a 67.97% increase. The latest HouGarden AVM estimates the property's value at $1,057,500. Historical sales data reveals a sale for $230,000 in January 2013 and $133,000 in October 1994, highlighting the property's substantial value growth over time.
Located in a zone served by Mountain View School (decile 1), Mangere College (decile 1), and Sir Douglas Bader Intermediate (decile 1), this property offers educational opportunities in a community-focused area. The proximity to Mangere Town Center, easy access to the motorway, and public transport options make this an ideal location for families or investors looking to capitalize on the area's growth and development potential.
Updated on March 27, 2024.