Mangere Bridge/Airport Residential Opportunity

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noreply@blogger.com (Daniel P) — Thu, 29 Dec 2011 11:29:00 +0000

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Video Presentation

noreply@blogger.com (Daniel P) — Mon, 12 Dec 2011 06:03:00 +0000

Auckland Gateway Residential Property Opportunity: Mangere Bridge/Airport

noreply@blogger.com (Daniel P) — Mon, 28 Nov 2011 09:25:00 +0000

After 5 years of hard work making this property our little paradise we are now wanting to move closer to our new jobs. We purchased this property off the plans and moved into the home in July 2006. Being involved in the construction project since the roof was put on we were able to ensure that this house was built well. The house and garden are now ready for a new owner.

The Back Yard
There is a total of 160m2 of landscaped area allowing for a large rear garden made private thanks to well planned medium-sized tree plantings in 2006. The landscaped gardens and paved surfaces provide a fully accessible site with good areas for family and general entertaining. The terraced lawn has been designed to accommodate a raised vegetable garden and a fruit growing area along the rear boundary. The fruit trees and vines also provide a bountiful year-round food source and devine aroming flowers.

Click to enlarge

Entering the house from the garden you pass through a tiled covered patio which is an excellent summer dining area protected from the wind and rain.

Click to enlarge

Indoors
Inside the house a polished rimu floor and open plan area are in close proximity to a double car garage that is currently being used for commercial purposes. The two offices, three bedrooms and living area are fully network cabled (for Internet) and a home entertainment system has been wired into the ceiling and walls. A 42" flat screen panel is attached to the wall for awesome digital entertainment.
Upstairs the bedrooms and bathrooms are of medium size (see link to plans below)

About the Neighbourhood
Mangere Bridge/Airport is a recent residential subdivision inbetween Mangere Bridge township (North), the Airport (South), Ihumatao (West) and Pukaki (East towards Papatoetoe). This area is identified in the draft Auckland Plan as a high growth area into the future with lots of commercial/industrial land awaiting the next economic boom. The site is accessible from the Kirkbride exit of the SH20 motorway and from the Massey Rd exit on the South Western. The new Airport Rail project will improve public transport to the area and is expected to substantially increase economic activity in this area

Click to enlarge

Further Information
Documentation (such as building plans, CT, CCC, etc) are available from this page

Documentation Available for download

noreply@blogger.com (Daniel P) — Wed, 23 Nov 2011 11:43:00 +0000

The vendors provide here copies of documents and resources that a potential buyer or leasee may be interested to read. They include:

2006 valuation report (of slighlty larger 5 bedroom fully-detached neighbour's unit.
Certificate of title and the Unit Title Plan
Building Consent Plans (note that type A building plan details are available upon request)
2006 CCC for Building Consent (Certificate proving Building Code Compliance)
Watercare/Manukau Water approval (for adding the additional bedroom that is currently being built)
Auckland Council current rating database information

Having a keen interest and pride in Mangere they have also have available to interested parties extensive photos and planning documents relating to the subdivision and nearby land developments, including:

Watercare Mangere Water treatment Plant
Pukaki Marae
Makaurau / Ihumatao residential subdivision applications
Unsuccessful Living Earth biosolid disposal application
5 Star Distribution and MacQuarrie resource consents (including heritage reports)
Mangere/Favona/Puhinui Plan Change documentation

Obviously these files are quite big so not practical to make available for general download. They are all publicly available from the Manukau Service Centre of the Auckland Council in Kotuku House, Manukau Central.

For general backgound on info regarding the recorded history of Mangere, I encourage visitors to view The Auckland Library archives (available on-line, click here for the AKLC libraries homepage if the other link doesn't work). Bruce Ringer is the pakeha kaitiaki - for mana whenua background contact one of the local marae

Residential Property available in Mangere Heritage Residential Neighbourhood

noreply@blogger.com (Daniel P) — Tue, 22 Nov 2011 09:59:00 +0000

3-4 bedroom 5 year old home bordering Ihumatao, Pukaki and Puhinui Rural Property for sale
Pukaki creek property 4 sale

Check out this slideshow presentation of the property, or watch our little video presentation here
We are putting our beloved home on the market and want to try for a private sale. We observed the home being built of solid construction having monitored the construction project from the time the roof was put on the house right up until CCC was issued (Certificate of (Building) Code Compliance, see here for documentation). During construction we also did a bit of our own handy work, including:

extensive landscape design and flood water mitigation
kitting the house out with cabling for network connectivity, a monitored burglar alarm and home entertainment system cabling in the ceiling and walls
additional insulation and polished rimu floors at ground level
fencing in place for babies (indoors) and animals (outdoors)
edible garden and fruit trees (passionfruit, mandarin, grapefruit, avocado and Feijoa)
Paved veranda area with plenty of outdoor seating areas
utility and storage facilities built into tandem garage space.

As well as the above improvements we are about to convert the upstairs family room into a 4th bedroom which will increase the rental value. Depending on your tax position and the amount of equity you have this would be a good first second house investment looking to benefit from potential capital gains under the Auckland Plan.
Check out the Dept of Building and Housing market rent statistics and Kiwibank home loan rates (best rates IMHO) if you want to crank some numbers.

Bedrooms	Dwelling	Bonds Received	Average Rent	Standard Deviation	Lower Quartile	Median Rent	Upper Quartile
2	Flat	10	$304	25.76	$285	$300	$325
1	Flat	5	$251	33.99	$237	$250	$268
5+	House	7	$528	65.17	$470	$530	$572
4	House	19	$485	81.15	$452	$480	$537
3	House	56	$401	52.07	$370	$395	$430
2	House	17	$345	58.74	$290	$360	$381

Outstanding Natural Charachter

The home is located on a rural fringe and has devine views of Pukaki Creek and Puhinui Reserve and enjoys wildlife and natural splendor from the nearby Pukaki Craters, Ihumatao and the National Walkway (Te Arawa) and Puketutu Island and Mangere Mountain. You do not need to go far to enjoy fishing, jogging, shopping or cycling.

The home is also suitable for anybody looking to run a home business. The garage area has been used as a distribution area due to its close proximity to the airport and the regularity of couriers. See my other post for more information about the potential for this site from a business perspective.

Home and Income Opportunity in Mangere

noreply@blogger.com (Daniel P) — Tue, 22 Nov 2011 09:16:00 +0000

1st floor plan, click to enlarge

Ground floor plan, click to enlarge

Pukaki Creek is a neighbourhood nestled between the Western suburbs of Mangere Bridge and Ihumatao to the West and Papatoetoe to the East. Included in the neighbourhood are popular subdivisions including Peninsula Park and the more recent Naylor's Drive Subdivsion both from farm land subsequent to the state housing boom of the 1960s that created Mangere Town Centre. The Naylors Drive subdivision was the first large scale residential development on commercial land under the Manukau Operative District Plan 2002. The resource consent allows for residential activities but the wording in the conditions and referred to in the Certificate of Title may soon become ambiguous with the new Auckland Unitary Plan currently being drafted. Land that is zoned Business 5 is considered ideal for light manufacturing and distribution and accordingly there are many employment opportunities thanks to a stream of steady district plane changes, including the Mangere Gateway plan (increased release of commercially zoned land under Plan Change 14), and the Mangere Town Centre urban revitalisation plan (Plan Change 26) which will transform Mangere into a cultural Mecca for future generations.

Future Development Zones now on-line

Rural views will still be enjoyable from Naylors Drive properties into the future but with the added bonus of 2 motorways, an aggresively expanding commercial base around the airport and in the next 5 years a rail link and increased tourism development activity.

The expanding Auckland Airport industrial land and Major Len Brown's promise of an Airport Rail Link mean that land in this area is already subject to speculative pressures. Rural land is now locked up in deals with the City Council to buffer the Airport and local residents from reverse sensitivity issues resulting from Airport noise. This site is perfect for a mix of work and life. Click here for photos and information about residential living

The site in question was purchased by the now vendor who was extensvely involved in the construction managent, including:

inspecting building quality,
observing construction activity
installing network cabling, a monitored burglar alarm and home entertainment system cabling in the ceiling and walls.

Since CCC was issued several improvements have taken place that are not on the plans, including: Moisture sealing of tandem garage (suitable for habitable use)

Installation of shelving facilities for home business purposes
Home extension of a paved awning (15m²negating the need for building consent)
Polished rimu hardwood flooring in lower office and dining/living area
curtains, dishwasher, pantry and other chattels

As well as plentiful leisure opportunities from the extensive network of parks (Otuataua Stonefields, Mangere Mountain, Te Arawa National walkway) the local Mangere Markets each Saturday and an evenning cafe scene in Mangere Bridge make this a great place to live and work.

Because the home is fitted out with network cabling and an overhead projector and ceiling speakers the building would suit a mix of residential and commercial use. With a downstairs office, and an upstairs Family room there is an opportunity for a long-term lease arrangement to be entered and a small business to set up shop and live separating your business and private life to employees and customers. We have done some numbers on this page to help those who are looking for a return of between 8 and 22% depending on your debt/equity ratio. If you are considering investing in property and have $115K to invest 22% is a fantastic annual return.

Looking for a building that is ready to go?

The vendor is currently in a flexible position and is willing to provide the lease at a residential market rent and as a bonus for signing up to a lease for 3 or more years a refit budgetcan be negotiated.

If you are interested in learning more about the place or to request a viewing leave a comment below or contact Daniel on (+64) 027 222 6858