Nestled in the serene Mangere Bridge, this 1960-built freehold property on 88 Coronation Road offers a 86sqm floor area with 1 bathroom and 1 carpark. Constructed with wooden walls and an iron roof, this residence sits on a levelled 809sqm section. The property, which saw a CV of $855,000 in 2017, has experienced a significant increase to $1,450,000 as of June 2021, reflecting a growth of 69.59%. This vacant land holds potential for multiple housing, inviting creativity and value maximization.
With a HouGarden AVM of $1,435,000, the property's recent sale history and rising CV indicate a promising investment. The location is further enhanced by its proximity to parks, amenities, and a selection of schools. Mangere Bridge School, a contributing school with a decile rating of 3, Sir Douglas Bader Intermediate and Mangere College, both with a decile rating of 1, and Royal Oak Intermediate School with a decile rating of 2, are all within the catchment area.
For families seeking a quality education within a convenient and picturesque setting, this property presents an opportunity not to be missed.
Updated on November 22, 2024