Nestled at 66 Tuakau Road, Pukekohe, Auckland, within the Franklin district, lies a Residential - Bare block on Freehold land. This prime property boasts a level contour with mixed material walls and a well-maintained iron roof. Spanning an area of 45,912 sqm, it includes a floor area of 330 sqm and is devoid of any existing bedroom or bathroom count, offering a blank canvas for development. The site has seen a significant jump in its Capital Value from $4,800,000 in 2017 to $8,920,000 as of June 2021, reflecting an impressive 86.5% increase.
With a HouGarden AVM estimate of $8,565,000 and recent sales history, including a transaction at $8,783,855 in 2024, the property presents a solid investment. The approved Resource Consent for 37 large residential lots adds immense potential for developers, housing companies, and land bankers. It's a golden opportunity in one of Auckland's fastest-growing areas, enhanced by its proximity to shopping centers, the Pukekohe hospital, and reputable schools.
For families with educational considerations, the property falls within the zones of Pukekohe Hill School (Decile 5), Pukekohe Intermediate (Decile 5), Pukekohe High School (Decile 6), and Buckland School (Decile 8), ensuring access to quality education. This exclusive land parcel is indeed one of the best buys in the market, promising a valuable piece of Pukekohe's real estate future.
Updated on October 16, 2024