Nestled at 107 Muir Avenue, Mangere Bridge, this freehold property is a charming residential dwelling from the 1970s, featuring wood exterior walls and a robust tile roof. It boasts 3 bedrooms, a spacious floor area of 103 square meters, and a generous land size of 743 square meters, complete with 3 carparks. The property is in a level contour, with both walls and roof in good condition, making it an ideal canvas for transformation.
With a government capital value of $1,500,000 as of June 2021, this property has shown a remarkable increase of 42.86% from its $1,050,000 valuation in July 2017. The HouGarden AVM estimates the property's worth at $1,510,000, closely matching the latest sale price of $1,840,000 in November 2021. This represents a lucrative investment opportunity for developers and investors, especially with the ready RC paperwork for the construction of 7 homes.
For families, the property falls within the highly sought-after school zones of Waterlea Public School (decile 5), Mangere Bridge School (decile 3), Mangere College (decile 1), Royal Oak Intermediate School (decile 2), and Onehunga High School (decile 3), ensuring top-notch education for children of all ages.
Updated on September 23, 2024