Located at 6 Staverton Crescent, Mangere, Auckland - Manukau, this unique property presents a rare opportunity for developers and investors alike. The property sits on a generous 695 sqm freehold section and is zoned for Terrace housing and Apartment development, featuring a large road frontage. It comprises two relocated houses with resource consent approved, one with 4 bedrooms and the other with 3 bedrooms. Both houses are in average condition, with mixed materials for walls and tile roofing, dating back to 1970. The land contour is described as easy/moderate rise, making it an attractive option for various development projects.
The property has seen a significant increase in capital value, from $600,000 in July 2017 to $1,250,000 in June 2021, marking an increase of over 108%. The latest HouGarden AVM estimates the property's value at $1,195,000. It has a recent sales history, with the last sale recorded at $1,080,000 on March 13, 2024, following a previous sale at $800,000 on November 20, 2020. This demonstrates a strong and growing interest in the property, highlighting its potential for further development and value appreciation.
The property is ideally located within the school zones of Viscount School, Mangere College, Mangere Central School, and Sir Douglas Bader Intermediate, all of which are decile 1 institutions. This proximity to local schools adds to the property's appeal for families and developers looking to cater to the educational needs of the community. Whether you're looking to connect services and keep the two houses, sell them, or develop the site further, this property offers a wealth of opportunities for your next project. Highly motivated, the vendor is eager to see this property sold, presenting an excellent chance for those ready to take on their next challenge.
Updated on April 04, 2024.