26 Cape Road, Mangere, Auckland - Manukau

Nestled on a spacious 706sqm of freehold land, this property at 26 Cape Road, Mangere, Auckland - Manukau, is a prime example of Residential - Vacant land multiple housing. Constructed in 1973 with wood exterior walls and an iron roof, both in good condition, the property boasts 3 bedrooms, 5 bathrooms, and a carpark. The capital value has seen a remarkable increase of 82.14% from $700,000 in 2017 to $1,275,000 as of 2021. The latest sales were recorded at $988,000 in 2024 and $940,000 in 2023, with the HouGarden AVM estimating the property's worth at $1,265,000.

With a floor area of 110sqm, this property is situated in a prime location, close to Mangere Town Centre, with convenient access to Auckland Airport and two motorway systems. It's in the Terrace Housing and Apartment Buildings Zone, adding to its investment potential. The government's valuation history and the property's increasing capital value make it a lucrative opportunity for potential buyers.

For families with school-going children, the property falls within the catchment area of Mangere College (Secondary, Decile 1), Mangere Central School (Full Primary, Decile 1), and Sir Douglas Bader Intermediate (Intermediate, Decile 1), ensuring quality education is within easy reach.

Updated on November 07, 2024