34 West Coast Road, Glen Eden, Auckland - Waitakere

This prime property located at 34 West Coast Road, Glen Eden, Auckland - Waitakere, spans across a generous land area of 1012sqm and features a floor area of 107sqm. It is a vacant land designated for multiple housing under the Residential category, boasting 2 bedrooms and 3 car parks. The freehold property, built in 1950, has iron wall construction and tile roofing, both in average condition. The level contour of the property adds to its appeal, making it an ideal development site.

From its initial capital value of $895,000 on July 1, 2017, the property has seen a remarkable increase to $1,800,000 by June 1, 2021, marking a capital value increase of approximately 101.12%. The HouGarden AVM estimates its value at $1,725,000. Its sale history reveals significant transactions, with the latest sales recorded at $1,391,304 on November 22, 2020, and $1,055,000 on May 18, 2020. This property's development potential is underscored by its zoning for Residential-Terrace Housing and Apartment Building, complete with Resource Consent and Building Consent for 18 units, alongside completed site works.

The property is favorably located within the school zones of Kelston Girls College, Kelston Boys High School, Kelston Intermediate, and Fruitvale Road School, with decile ratings of 2, 3, 2, and 4 respectively. This location is not only ideal for families but also offers a strategic advantage for developers looking to cater to the educational needs of potential residents.

Updated on April 06, 2024.