25 Fruitvale Road, New Lynn, Auckland - Waitakere

Nestled on a sun-kissed 809sqm site in the tranquil cul-de-sac of Fruitvale Road, this freehold property, built in 1955, boasts of a solid brick exterior and a reliable iron roof in good condition. It features 2 bedrooms, a semi-integrated kitchen, dining, and living area that transitions to a private deck, all set on level lawns with convenient road frontage. The property has a current Capital Value (CV) of $1,625,000, a significant increase of 99.39% from its $815,000 valuation in 2017. It's zoned for both residential vacant land and multiple housing, with approved resource consent for 2 Standalone Houses and 6 Terrace Houses.

With a HouGarden AVM of $1,379,500 and recent sales history of $1,395,000, this property presents a lucrative opportunity. The CV growth percentage is a testament to the area's rising value. Its location is a bonus, being close to Lynn Mall and within walking distance to the train station, providing easy access to downtown Auckland.

For families, the school network is a significant draw. The property falls within the zones of Kelston Intermediate (Decile 2), Kelston Boys' High School (Decile 3), Kelston Girls' College (Decile 2), and Fruitvale Road School (Decile 4). This is an opportunity not to be missed, with motivated vendors ready to consider reasonable offers.

Updated on October 22, 2024