2 Kea Place, Mangere Bridge, Auckland - Manukau

Nestled on a prime corner site at 2 Kea Place, Mangere Bridge, this charming brick and tile residence encapsulates the essence of classic Kiwi living. The freehold property, built in 1969, boasts 3 bedrooms, a single carpark, and a floor area of 105 sqm, all set on a level 625 sqm section. The roof and walls, constructed with tiles and bricks respectively, are both in average condition. The property has seen a significant Capital Value (CV) increase of 45% from $1,000,000 in 2017 to $1,450,000 as of June 2021. HouGarden's AVM estimates the property's value at $1,347,500, while the latest sale was recorded at $905,000 in 2018.

With a CV growth rate that outpaces the market, this property presents a sound investment. The generous north-facing section is complemented by a seamless indoor-outdoor flow, with a private deck perfect for al fresco dining. Fully fenced and secure, it's an ideal space for children and pets. The location is a quiet cul-de-sac, walking distance to local amenities and outdoor attractions like Mangere Mountain and Ambury Farm. It falls within the zones of esteemed schools such as Waterlea Public School (Decile 5) and Mangere College (Year 9-15), among others.

For families with educational considerations, the property is zoned for some of the best schools in the area. Waterlea Public School and Mangere Bridge School are contributing primary schools, while Mangere College and Sir Douglas Bader Intermediate cater to secondary and intermediate levels respectively, with Royal Oak Intermediate School also in the mix. This property offers both the comfort of move-in ready living and the potential for future expansion, making it a rare opportunity not to be missed.

Updated on May 23, 2024