Nestled in the prestigious Saint Heliers, 55 Ashby Avenue boasts a 4-bedroom, freehold property on a sprawling 1242 sqm section. Constructed in 1960 with brick walls and an iron roof, this residence offers an average condition home with a floor area of 143 sqm and a single carpark. The property's capital value has seen a remarkable increase from $1,925,000 in 2017 to $2,700,000 as of June 2021, reflecting a growth rate of 40.26%. This flat and expansive land, in the Residential - Mixed Housing Suburban Zone, is a developer's goldmine, with all essential services readily available for immediate development. Whether it's subdivision or redevelopment, the potential is limitless in this strategic location, close to public transport, amenities, and top-rated schools like Baradene College and St. Ignatius School. The property also benefits from a HouGarden AVM of $2,470,000, indicating a high market value.
For investors and developers seeking a high-return opportunity, this is a chance to unlock endless potential in a sought-after Auckland suburb.
Educationally, the property falls within the catchment area of decile 9 Baradene College and decile 10 St Ignatius School (St Heliers), St Heliers School, and Glendowie College, ensuring access to some of the best educational facilities in the region.
Updated on December 03, 2024