Nestled in the serene cul-de-sac of 53 Whai Hua Lane, Mangere Bridge, Auckland, lies this attractive 3-bedroom, 1-bathroom residential unit with a single car park. Constructed with a mix of materials for the walls and iron for the roof, this freehold property sits on a levelled 102sqm land area and boasts a floor space of 87sqm. The modernized unit, built in 2023, is in good condition both inside and out, making it an ideal investment opportunity. The current government valuation of $790,000 is complemented by a HouGarden AVM of $760,000, and a recent sale history of $700,000 in 2022 indicates a potential for capital value growth. With a CV increase rate that speaks volumes about its investment potential, this property is a golden opportunity for those seeking a strong return on investment.
Moreover, the property falls within a desirable school zone, including Mangere Bridge School, Mountain View School, Mangere College, Sir Douglas Bader Intermediate, and Royal Oak Intermediate School. These institutions offer a range of educational options, with several being contributing schools and one secondary school, all with varying decile ratings that cater to diverse educational needs. The property's location, therefore, adds significant value for families with children.
Investors and families alike will appreciate the property's convenient layout, which is designed for comfortable living, and its close proximity to amenities and the SH20 Motorway. Whether you're looking for a place to call home or a smart addition to your investment portfolio, this property promises both stability and growth.
Updated on October 14, 2024