61 Kairanga Street, Mangere East, Auckland - Manukau

Nestled in a serene cul-de-sac at 61 Kairanga Street, Mangere East, this freehold property on 673m² of land is a developer's dream or a renovator's opportunity. The 1970-built home with wood exterior walls and tiled roof is in good condition, boasting 3 bedrooms, 1 bathroom, a floor area of 98m², and a double carpark. The site's potential is further enhanced by its zoning for Residential-Mixed Housing Suburban, making it ripe for redevelopment with existing stormwater and wastewater services. The capital value has seen a staggering growth of 77.97% from $590,000 in 2017 to $1,050,000 as of June 2021. HouGarden AVM estimates it at $960,000, while the latest sale was in 2009 for $250,000. For families, the property falls within the decile 1 Kingsford School, decile 2 Kedgley Intermediate, and Aorere College, offering a comprehensive education network.

With a CV increase that outpaces the market and a prime location just a minute's drive to the motorway and seven minutes to Pak n Save Mangere, this property presents an unbeatable investment chance. Whether you're looking to renovate the existing home or capitalize on the area's housing demand, this is one opportunity that should not be missed.

Education is a cornerstone of any community, and this property is well-served by the local school network. Kingsford School, Kedgley Intermediate, and Aorere College provide a solid foundation for learning, each with their respective decile ratings indicating a strong educational community.

Updated on December 13, 2024