511 Massey Road, Mangere, Auckland - Manukau

Nestled on a generous 678m2 section in the coveted Mixed Housing Urban Zone of Mangere, Auckland, lies a promising property at 511 Massey Road. This freehold home boasts a charming 1965 construction with wooden walls in good condition and tiled roofing that's average. It features 3 bedrooms, 1 bathroom, and a single car park, with a floor area of 100sqm. The site is level, and the property's CV has seen a remarkable growth of 57.69% from $650,000 in 2017 to $1,025,000 as of June 2021. The HouGarden AVM estimates the property's value at $1,000,000, while the latest sale was recorded at $753,100 in 2020, a significant increase from the $195,000 sale in 2005.

For families, the property falls within the catchment of Sir Douglas Bader Intermediate and Southern Cross Campus for Years 7-8, both decile 1 schools. Aorere College, a decile 2 secondary school, is also nearby. This property is not just a home but a golden opportunity for developers with RC approval for five houses, streamlining the development process and offering a strategic investment in Auckland's thriving property market.

With a well-maintained interior, the main house provides a comfortable living environment while development plans are executed. The spacious lounge is ideal for family gatherings, and the generous bedrooms are a testament to the potential this property holds. Whether you're an investor seeking long-term returns or a developer ready to capitalize on a prime site, this property is a rare gem that shouldn't be missed.

Updated on August 01, 2024