Nestled in the prestigious Kudos Business Park at 40/203 Kirkbride Road, Mangere, this 144m2 two-level unit boasts 2 bedrooms, 1 bathroom, and 2 carparks. Constructed in 2006 with concrete walls and an iron roof, both in good condition, this Unit Title property is perfect for those seeking a strategic location near Auckland International Airport. The property's Capital Value (CV) has seen a remarkable increase from $435,000 in 2017 to $630,000 as of June 2021, reflecting a growth rate of 44.8%. The HouGarden AVM estimates the property's value at $602,500, while the latest sale in 2015 was for $400,833.
For families, the property falls within the decile 1 school zones of Mangere College, Mangere Central School, and Sir Douglas Bader Intermediate, ensuring access to quality education. This unit presents an opportunity with a potential rental return of approximately 10.3% and the option to purchase either a single unit or a block of six.
With its prime location, solid construction, and promising investment potential, this property is a golden opportunity for both investors and owner-occupiers. Don't miss out on this urgent sale requested by the overseas vendor.
Updated on October 21, 2024