18 Buckland Road, Mangere East, Auckland - Manukau

Nestled in a serene cul-de-sac on 18 Buckland Road, Mangere East, Auckland, this residential property boasts a generous 908m2 of freehold land. Constructed in 1954 with brick walls and an iron roof, the 98m2 floor area includes 3 bedrooms, 1 bathroom, and 2 car parks. The property, with average wall and roof conditions, presents a golden opportunity for developers seeking maximum returns in a mixed housing suburban zone. The capital value has skyrocketed by 94.44% from $720,000 in 2017 to $1,400,000 in 2021, while the HouGarden AVM estimates it at $1,305,000. Historically, the property sold for $225,000 in 2003 and $207,000 in 1997.

For families, the property falls within the catchment of several schools, including Kingsford School (Decile 1), Papatoetoe North School (Decile 2), Kedgley Intermediate (Decile 2), and Aorere College (Year 9-15, Decile 2). This is an ideal investment for those looking to capitalize on the property's potential, as it also features a 3-bedroom brick home in need of restoration.

Located conveniently close to Mangere cycle lane network, motorway links, transport, and amenities, this property is a developer's goldmine. With the owner moving on after 27 years, it's a chance not to be missed.

Updated on May 10, 2024