Nestled on a spacious 809 sqm of freehold land in the heart of Mangere Bridge, Auckland, lies a charming 3-bedroom, 1-bathroom residence. Constructed in 1960 with wood walls and an iron roof, this property offers a unique opportunity for visionaries, renovators, and developers. The current capital value of $1,200,000 reflects a significant increase of 79.10% from the 2017 valuation of $670,000. The property's potential is further highlighted by the HouGarden AVM estimate of $1,150,000. With a prime location in a sought-after school zone, including Mountain View School, Viscount School, Mangere College, and Sir Douglas Bader Intermediate, all with a decile rating of 1, this home is perfect for families seeking top-notch education facilities.
Renovation and development prospects are vast, with the possibility of transforming the existing structure or exploring the Residential-Mixed Housing Urban zoning for multiple dwellings. The property's contour is level, and it's situated in a quiet cul-de-sac, ensuring privacy and a peaceful living environment. The combination of a generous land area and a prime location makes this property a golden opportunity for investors and homeowners alike.
Education takes center stage with this property, being within the catchment area of highly-rated schools. The convenience of nearby amenities, parks, and transport links adds to the appeal. This is not just a home; it's a canvas waiting to be transformed into your dream property or a lucrative development project. Don't miss the chance to unlock its potential - this hidden gem will be sold as is, offering immense value-adding potential.
Updated on May 01, 2024