543 Oruarangi Road, Mangere, Auckland - Manukau

Nestled on a level plot in a quiet cul-de-sac of Mangere, this 3-bedroom, 1-bathroom residential dwelling with a freehold title offers immense potential. Constructed in 1980 with fibrous cement walls and an iron roof, both in good condition, the property sits on a generous 825sqm of land with a floor area of 76sqm. The package includes 2 car parks, a rumpus room, and additional storage, perfect for a growing family or those seeking a renovation project. The capital value has seen a significant increase from $470,000 in 2017 to $700,000 as of June 2021, reflecting a growth of nearly 49%. The latest sale was recorded at $780,000 in 2024, while the HouGarden AVM estimates the property at $640,000. Educationally, the property falls within the zones of Mangere College, Mangere Central School, and Sir Douglas Bader Intermediate, all with a decile rating of 1.

For the investor or homeowner with a vision, this property presents a golden opportunity to add value or explore development prospects, all while enjoying the convenience of a sought-after location and the benefits of a thriving school network.

Updated on December 04, 2024