4 Playfair Road, Mount Roskill, Auckland

Located at 4 Playfair Road, Mount Roskill, Auckland - City, this residential dwelling presents an exceptional opportunity for an astute builder or investor. The property, built in the early 2000s and later expanded without final compliance, offers a substantial two-level, five-bedroom home on a level road-frontage site. Despite its current condition, with restoration to Council compliance, it promises to be a worthwhile investment. The property features a floor area of 210 square meters, with the exterior and roof construction materials unknown. The condition of both the wall and roof is average, and it sits on a level contour. It is a Cross-Lease ownership type, with no car parks and an unknown land area.

The capital value of the property has seen a significant increase, from $1,025,000 on July 1, 2017, to $1,325,000 on June 1, 2021, marking a 29.27% growth. The latest HouGarden AVM estimates the property's value at $1,305,000, while the most recent sale on February 21, 2024, was for $1,100,000. This property, described as a 'rough diamond,' offers a promising land bank or 'cash cow' for the future, especially with its proximity to SH 20 for easy commutes to the CBD, good schools, and shopping centers.

The property falls within the school zones of Mt Roskill Grammar and Mt Roskill Intermediate, both with a decile rating of 4, and May Road School, with a decile rating of 1. These schools cater to secondary (Year 9-15), intermediate, and contributing levels of education, respectively, ensuring a range of educational options for families.

Updated on March 22, 2024.