29 Mcburney Place, Mangere East, Auckland - Manukau

Nestled at the end of a tranquil cul-de-sac in the coveted Mangere East, this beautiful 4-bedroom home is a prime example of a residential - vacant land multiple housing property. Constructed in 1965 with wood walls and tiled roof, it stands on a levelled 721 sqm of freehold land. The 110 sqm floor area includes a large lounge with a fireplace, separate laundry, and a single carpark. The property has seen an impressive CV increase of 67.91% from $670,000 in 2017 to the current $1,125,000 as of June 2021. The HouGarden AVM estimates the property's value at $1,117,500, closely mirroring the government valuation. The latest sale history shows transactions at $950,000 in 2021 and $1,050,000 in 2024, indicating a steady growth in market value.

For families, the property falls within the zones of Mangere East School (Full Primary, Decile 1), Kedgley Intermediate (Decile 2), and Aorere College (Secondary, Decile 2), offering a comprehensive educational pathway. This home not only promises comfort and convenience with easy access to motorways and public transport but also presents a sound investment opportunity in a sought-after school zone.

Updated on November 13, 2024