39/203 Kirkbride Road, Mangere, Auckland - Manukau

Nestled in the prestigious Kudos Business Park at 39/203 Kirkbride Road, Mangere, this 144m2 two-level unit boasts 2 double bedrooms, 2 studies/offices, and 2 open plan kitchens with living areas. Constructed in 2005 with a robust concrete exterior and iron roof, this Unit Title property includes 2 carparks and is situated in a thriving commercial hub minutes from Auckland International Airport. The capital value has seen a remarkable increase of 32.6% from $430,000 in 2017 to $570,000 as of June 2021. The HouGarden AVM estimates the property at $542,500, while the latest sale was recorded in 2015 for $400,833. The property falls within the decile 1 school zones of Mangere College, Mangere Central School, and Sir Douglas Bader Intermediate.

With a rental appraisal approximating $36,000 annually, this property offers a potential return of around 10.3% on investment. Purpose-built with concrete slabs and a color-steel roof, the unit is sold on an 'as is where is' basis, presenting an opportunity for renovation. This is an urgent sale requested by the overseas vendor, and all offers will be presented promptly.

For families, the property is within a highly regarded school network, including Mangere College, a secondary school for years 9-15, and Mangere Central School, a full primary school, both with a decile rating of 1. Sir Douglas Bader Intermediate also falls within this esteemed zone, ensuring quality education for all ages.

Updated on October 21, 2024