118 Mckenzie Road, Mangere Bridge, Auckland - Manukau

Embrace the potential of this inviting 3-bedroom, 1-bathroom family home, set on a generous 655m2 freehold section in the serene Mangere Bridge, Auckland. Constructed in 1968 with wood walls and tiled roof, this property offers a double freestanding garage and a prime location in a quiet cul-de-sac. The capital value has seen a 50% increase from $640,000 in 2017 to $960,000 in 2021, echoing the growth trends reflected in the HouGarden AVM of $922,500. Historically, the property sold for $163,000 in 1997, showcasing a significant appreciation. For families, the property falls within the decile 1 school zones of Mountain View School, Viscount School, Mangere College, and Sir Douglas Bader Intermediate, ensuring quality education. This is a golden opportunity for renovators, builders, and investors to transform a blank canvas into a valuable asset.

With a promising CV growth trajectory and a solid foundation, this 98m2 floor area home is an investor's dream. The property's convenient access to motorways and the airport adds to its appeal, making it an ideal choice for commuters and frequent travelers. The average condition of the walls and roof presents a project that can be polished to shine, adding substantial value in the process. Whether you aim to flip, invest, or create your perfect family haven, this property holds immense possibilities.

Educationally, the property is well-served by the surrounding schools, each with a decile 1 rating, ensuring a high standard of education for the family. The Mangere Bridge area is known for its family-friendly environment and strong community spirit, making this property not just an investment, but a home.

Updated on October 23, 2024