Located at 29 Skipton Street, Mangere East, Auckland - Manukau, this residential property offers a unique opportunity for those looking to invest in a freehold site. The property features 3 bedrooms, 1 bathroom, and 1 carpark, with a floor area of 85sqm and a substantial land area of 675sqm. Built in 1966, the house boasts good condition wood walls and tile roofing, all resting on a level contour. This property is categorized under Residential - Vacant land multiple housing, making it a prime candidate for development or renovation projects.
The property has seen a significant increase in capital value, from $600,000 in July 2017 to $1,050,000 in June 2021, marking a 75% increase. The latest HouGarden AVM estimates the property's value at $1,032,500. Historical sales data reveals transactions in 1998 and 1986, at $115,000 and $66,000 respectively, highlighting the property's substantial appreciation over time. This trajectory underscores the property's potential as a lucrative investment.
Education is a priority, and this property is zoned for Kingsford School (decile 1), Kedgley Intermediate (decile 2), and Aorere College (decile 2), catering to all levels from contributing to secondary (Year 9-15). This ensures a wide range of educational opportunities for families looking to move into the area.
Updated on March 22, 2024.