3 Derrett Place, Mangere Bridge, Auckland

Terraces on Derrett offers a rare opportunity to purchase a high-quality, yet affordable home, in the heart of Mangere Bridge.

This new boutique development is comprised of eight beautifully crafted homes, featuring a mix of two and three-bedroom options, so you can choose the home that is just right for you.

Offered at a very attractive price point, these high-quality townhouses do not compromise on location, style or finish. Terraces on Derrett have been carefully designed to provide you with a modern, low maintenance home and outdoor living area. Each of these architecturally designed homes sits on a freehold title, with its own carpark, to maximise convenience to your every day living.

Completed

Location

3 Derrett Place, Mangere Bridge, is located on a quiet cul-de-sac in a tightknit neighbourhood. The ideal neighbourhood for young families or couples.

The nearby Mangere Bridge village provides access to a host of amenities (including cafes, restaurants, shops and a supermarket), while popular bus routes and the proximity to the motorway means all other amenities are within easy reach.

• Waterlea Primary School 900m

• Kiwi Esplanade Reserve 1.4km

• FreshChoice supermarket Mangere Bridge 1.5km

• Mangere Bridge School 1.7km

• Ambury Farm 2.1km

Note: Cost to own and cashflows are approximate examples only. Actual results achieved will vary based on purchase price, interest rate, deposit %, providing carparks, providing furniture, insurance, property rates and rental rate. Please download free analysis software to complete your own analysis. Our team can help you with this, so don’t hesitate to contact us.

Investment Overview

• 3 Derrett Place, Mangere Bridge, Auckland features 8 x 2 & 3 bedroom homes priced from $725,000.

• Available units from $699,000 - $898,000.

• According to oneroof.co.nz the median sale price in Mangere Bridge is $1,420,000, making these homes an affordable option for those looking to invest in the area.

• Mangere Bridge is becoming increasingly popular amongst both property investors and first home buyers. Homes in the area tend to be priced well below Auckland’s median sale price, making the suburb a soft entry into the Auckland housing market.

• 48% of residents in Mangere Bridge own their own homes while 33% of the population are tenants.

Current projects