243 Campbell Road, Greenlane, Auckland

Located at 243 Campbell Road, Greenlane, Auckland - City, this property presents a unique opportunity with its 837m2 (approx) of flat land zoned for Mixed Housing Urban. Despite the unknown specifics regarding its wall and roof construction, as well as their conditions, this freehold property stands out as a vacant land multiple housing category, with no specified floor area or building age. The property contour is level, making it an attractive option for various development projects.

From a financial perspective, the property has seen a significant capital value increase, jumping from $1,625,000 on July 1, 2017, to $3,100,000 on June 1, 2021, marking an impressive 90.77% growth. The HouGarden AVM estimates its value at $2,970,000. Its latest sale was recorded on February 13, 2024, for $2,543,478, following a previous sale at $2,925,000 on January 25, 2021. This trajectory underscores the property's substantial investment potential and growth.

In terms of education, the property is excellently located within the zones of high-decile schools, including Baradene College (Decile 9), Remuera Intermediate (Decile 8), Ellerslie School (Decile 9), and lower-decile schools like Oranga School (Decile 3) and One Tree Hill College (Decile 3). This diverse range of educational institutions enhances the property's appeal to families and investors alike.

Updated on April 05, 2024.