Nestled in the heart of Mangere East at 201 Buckland Road, this prime development site is offered for the first time. Constructed with a mix of materials for both the walls and roof, this property sits on a vast land area of 11,330sqm with a floor space of 1,500sqm. It boasts a generous parking facility for up to 30 cars. The freehold title ensures full control and flexibility for potential investors. With an average condition for both the walls and roof, this property presents a promising opportunity for developers.
History shows a significant increase in the capital value, from $6,705,000 in July 2017 to the current $9,950,000 as of June 2021, marking a growth of approximately 48.40%. The HouGarden AVM estimates the property's worth at $9,257,500. The property's potential is further highlighted by its recent sale history and the vendors' motivation to explore mutually beneficial outcomes.
For families, the property falls within the decile 1 school zones of both the Southern Cross Campus for years 7-8 and the Mangere East School, a full primary school. This ensures access to quality education within the community.
Updated on May 30, 2024