Nestled in the tranquil Mangere East, this vacant flat site at 66r Hallberry Road offers a spacious 551 square meters of potential, ready for your development plans. With a freehold title, it provides the freedom to build or move a property without constraints. The site has seen a significant Capital Value increase of 115.9% from $220,000 in 2017 to $475,000 as of June 2021. HouGarden AVM estimates the value at $442,500, making it an attractive investment. The property falls within the zones of esteemed schools - Papatoetoe North School, Kedgley Intermediate, and Aorere College, all with a decile rating of 2. Its strategic location close to amenities, schools, and transport, ensures convenience and connectivity.
History shows a promising trend with the rapid Capital Value growth, indicating a lucrative opportunity for developers, land bankers, and homeowners. The property's potential is further enhanced by its proximity to the Mangere Town Centre, Middlemore Hospital, Auckland Airport, and easy access to major highways SH20/SH20a.
For families with educational priorities, the school network is a significant plus, with well-regarded institutions within easy reach. This property is not just a piece of land; it's a golden opportunity in a prime location.
Updated on June 07, 2024