Nestled on a level plot at 13 Grande Vue Road, Hillpark, Auckland, this freehold property boasts a capital value that has skyrocketed by 82.18% from $880,000 in 2017 to $1,600,000 as of June 2021. Constructed in 1946 with roughcast walls and tiled roofing, the property's average condition provides a solid foundation for potential development. Spanning 1,214 sqm, the land includes a 20m wide road frontage and is zoned for mixed house suburban use. The site, with a possible 6-month settlement option, is equipped with convenient access to stormwater and wastewater facilities. It's an ideal opportunity for developers seeking a prime site in high demand, with the added bonus of being in the Hill Park School Zone.
With a recent HouGarden AVM valuation of $1,490,000 and a last sale in 1989 for $187,000, this property presents a golden chance to own a piece of history and create a legacy. The location is second to none, with easy motorway access, proximity to Manukau shopping centre, Manukau Super clinic, Manurewa Train Station, and cultural landmarks like the Manurewa Sikh temple and Auckland Botanic gardens. The property is in the decile 4 Hillpark School zone and nearby Manurewa High School, a secondary institution with a decile rating of 1.
Don't miss the potential to transform this prime development site into your next successful project, as properties with such a rich backstory and promising future don't stay on the market for long.
Updated on May 31, 2024