48 Kapuka Road, Mangere Bridge, Auckland - Manukau

Nestled on a generous 1181 sqm freehold site at 48 Kapuka Road, Mangere Bridge, this residential dwelling boasts 3 bedrooms, 5 bathrooms, and 2 car parks. Constructed in 1966 with wood walls and an iron roof, both in average condition, the property enjoys an easy/moderate rise contour and stunning views of Mangere Mountain. The current government valuation (CV) stands at $1,450,000 as of June 2021, marking a 46.46% increase from the $990,000 valuation in July 2017. The HouGarden AVM estimates the property's value at $1,435,000, while the latest sales were recorded at $262,000 in 2004 and $132,000 in 2003.

With a school network that includes Mountain View School, Mangere College, and Sir Douglas Bader Intermediate, all at decile 1, the property is an ideal investment for families. The site has obtained Resource Consent, Building Consent, and EPA approval for subdivision into 9 lots, presenting a prime development opportunity. Whether you're a developer seeking immediate returns or an investor eyeing future growth, this property is poised to deliver.

Located in a quiet cul-de-sac, it's within walking distance to schools and amenities, with easy access to motorways for a convenient commute. This is a rare chance to secure prime real estate in Mangere Bridge, and the vendors are clear in their instructions - the property will be sold on or before auction day. Don't miss out on this opportunity to capitalize on this property's immense potential.

Updated on November 29, 2024