Nestled in a serene environment at 491 Massey Road, Mangere, Auckland, this residential property on a freehold title of 718m² boasts a capital value increase of 46.27% over the past four years. Constructed in the 1960s with brick walls and an iron roof, the home maintains an average condition both inside and out. It features 3 bedrooms, 1 bathroom, a floor area of 97m², and a double garage with 2 car parks. The property is situated in a level contour, enhancing its potential for further development in the Mixed Housing Urban zone.
With a current CV of $980,000, a significant leap from $670,000 in 2017, and an estimated value of $955,000 by HouGarden AVM, this property also boasts a sales history that saw it sold for $625,000 in 2015 and $395,000 in 2013. Its strategic location, with easy access to the motorway, local schools, and amenities, makes it an attractive investment for homeowners, investors, and developers alike.
For families with school-aged children, the property falls within the zones of Sir Douglas Bader Intermediate, Southern Cross Campus, Jean Batten School, and Aorere College, all of which are rated in the top deciles. This home not only promises comfort and convenience but also holds potential for future appreciation.
Updated on August 30, 2024