2/78 Mountain Road, Mangere Bridge, Auckland - Manukau

Nestled in a serene environment at the back of a spacious cross-lease section, this 3-bedroom, 1-bathroom dwelling on 2/78 Mountain Road, Mangere Bridge, Auckland, offers a promising investment with a capital value that has surged by 53.125% from $800,000 in 2017 to $1,225,000 as of June 2021. The property, built in 1997 with iron roofing and fibrous cement walls in good condition, sits on a half share of 809m2. It boasts a functional layout with a cozy living area, a sizeable kitchen, and comfortable bedrooms, providing an excellent opportunity for a value-adding renovation. The HouGarden AVM estimates the property's worth at $1,175,000, making it an attractive prospect for both first-time buyers and investors. The fully fenced backyard and carport add to the appeal, while the location in a quiet cul-de-sac next to Mangere Domain and Mangere Mountain provides stunning natural surroundings and easy access to essential amenities, including schools with a decile rating of 1 such as Mountain View School, Mangere College, and Sir Douglas Bader Intermediate.

With a clear CV growth trajectory and a recent sales history, this property is primed for its next chapter. If you're looking to create something unique and take advantage of the tranquility and outdoor lifestyle this area offers, this is a chance not to be missed. The auction is set for 4 November 2024, unless sold prior.

Educationally, the property falls within a highly regarded school zone, ensuring quality education for the family. Mountain View School, Mangere College, and Sir Douglas Bader Intermediate are all within easy reach, each contributing to a strong sense of community and academic support.

Updated on October 24, 2024