9 Woburn Street, Mangere East, Auckland - Manukau

Nestled in the serene Mangere East, this 1968-built bungalow on 9 Woburn Street offers a prime residential-vacant land with immense potential. The freehold property boasts 3 bedrooms, 1 bathroom, and a spacious living area, all on a level 612sqm site with brick exterior walls and tiled roofing. The capital value has seen a substantial increase of 58%, from $680,000 in 2017 to the current $1,075,000 as per the latest government valuation. The HouGarden AVM estimates it even higher at $1,047,500. This property is not just about numbers; it's about location and potential, being in the zone for well-regarded schools like Papatoetoe North Primary, Kedgley Intermediate, and Aorere College, with the latter two boasting deciles of 2. The Kingsford School, a contributing school, has a decile of 1. This is an ideal opportunity for developers, investors, or any buyer looking for a sound investment in a rapidly appreciating area.

With a property contour that's as flat as it gets, and a convenient layout that promotes easy living, this home is perfect for those who value comfort and practicality. Its proximity to Aorere Park, motorways, and shopping centers further enhances its appeal. The property is fully fenced with off-street parking and a double garage, offering both security and convenience. This is a chance not to be missed in a quiet cul-de-sac that's teeming with development possibilities.

For families with school-aged children, the school network is a significant plus. The property falls within the zones of schools known for their academic excellence and community engagement. This, coupled with the impressive CV growth and the potential indicated by the HouGarden AVM, makes it a golden opportunity for those seeking a secure investment with long-term value.

Updated on July 18, 2024