Nestled in the prime location of 471 Massey Road, Mangere East, Auckland, this freehold property boasts a residential haven with income potential. Comprising 6 bedrooms, 1 bathroom, and 2 car parks, it spans across a floor area of 160 square meters and a land area of 683 square meters. Constructed in 1965 with mixed materials for both the roof and walls, the property presents a good wall condition and a mixed roof condition. Here, you'll find not one but two standalone homes, each with 3 bedrooms, and a double lockup garage, perfect for investors, upsizers, or extended families looking to maximize returns.
With a CV of $1,425,000 as of June 2021, this property has seen a remarkable increase of 69.64% from its $840,000 valuation in July 2017. The HouGarden AVM estimates the property's worth at $1,305,000, while the latest sales history shows a sale in 2018 for $850,000 and another in 2009 for $395,000. This is a golden opportunity to own a piece of real estate in a sought-after location, close to motorway junctions, public transport, and the airport.
For families with children, the property falls within the zones of Robertson Road School, a full primary with a decile rating of 1, and Southern Cross Campus for years 7-8, also with a decile rating of 1. This is not just a home but a wise investment in education and real estate.
Updated on December 13, 2024