Located at 13 Terry Street, Blockhouse Bay, Auckland - City, this property is a unique offering in the residential market, categorized as 'Residential - Vacant land multiple housing'. The property spans a floor area of 197 square meters and sits on a land area of 718 square meters. It boasts a freehold ownership type, ensuring complete control over the land. Constructed in 1965, the building features wood wall construction and an iron roof, both in mixed condition. The property's contour is described as having an easy/moderate fall, making it suitable for various development opportunities.
Over the years, the property has seen significant growth in its capital value (CV). As of June 1, 2021, the CV stood at $1,650,000, a substantial increase from $1,145,000 on July 1, 2017. This represents a CV increase of approximately 44.10%. The HouGarden AVM estimates the property's value at $1,620,000. The latest sale recorded on January 23, 2024, was for $900,000, with a previous sale on October 22, 2009, for $521,000.
The property is well-positioned within the school zones of Blockhouse Bay Intermediate (decile 5), Blockhouse Bay School (decile 7), and Lynfield College (decile 6). These schools cater to intermediate, contributing, and secondary (Year 9-15) education levels, respectively, providing a range of educational opportunities for families in the area.