Deadline Close on 12 June 2024 @4pm unless sold prior.
Nestled between the charming Devonport Village and the vibrant lifestyle center of Takapuna, this substantial freehold land offering spans an impressive 1587 square meters. It represents a golden chance for discerning developers or investors.
This prime location benefits from approved resource consent for the construction of five luxury, freestanding homes, highlighting the site's extensive potential for high returns.
Plans for 5 Standalone Residences include:
Lot 1: 4 bedrooms, 2.5 bathrooms and a double garage - floor area 203m2 (approx)
Lot 2: 4 bedrooms, 2.5 bathrooms and a double garage - floor area 220m2 (approx)
Lot 3: 4 bedrooms, 2.5 bathrooms and a double garage - floor area 220m2 (approx)
Lot 4: 4 bedrooms, 3 bathrooms and a single garage - floor area 167m2 (approx)
Lot 5: 4 bedrooms, 2.5 bathrooms and a double garage - floor area 204m2 (approx)
A spacious 3-4 bedroom family residence currently sits on the property, offering an immediate income opportunity through rental while you explore development possibilities. This provides a blend of short-term income with the promise of significant future investment growth.
Strategically placed for convenience, the property allows easy access to motorways, bus services, and the Bayswater Ferry Service, providing unparalleled city-wide access. With Takapuna Grammar School just across the road and Belmont Primary and Intermediate Schools within easy walking or biking distance, the daily commute to school becomes effortless.
Opportunities like this, in such a coveted location, are becoming increasingly scarce. Don't miss out on your chance to craft a prosperous future in one of Auckland's most desirable neighborhoods.
Year | Median price | Growth | Sales count |
---|---|---|---|
2023 | $1,390,000 | -4.1% | 7 |
2022 | $1,450,000 | -14.7% | 7 |
2021 | $1,700,000 | 25.5% | 13 |
2020 | $1,355,095 | 14.8% | 20 |
2019 | $1,180,000 | -1.7% | 15 |
2018 | $1,200,000 | -6.6% | 9 |
2017 | $1,285,000 | -6.2% | 15 |
2016 | $1,370,000 | 11.1% | 17 |
2015 | $1,233,500 | 41% | 12 |
2014 | $875,000 | - | 14 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
---|---|---|---|---|---|---|---|---|
0.15 km | 3 | 2 | 0m2 | Year 2024 Month 04 Day 12 | $1,280,000 | Council approved | ||
0.20 km | 3 | 140m2 | Year 2024 Month 03 Day 13 | $1,940,000 | Council approved | |||
0.13 km | 5 | 3 | 0m2 | Year 2024 Month 03 Day 01 | $1,840,000 | Council approved | ||
0.19 km | 4 | 3 | -m2 | Year 2024 Month 02 Day 01 | $1,780,000 | Council approved | ||
0.20 km | 3 | 1 | 0m2 | Year 2023 Month 11 Day 28 | $1,800,000 | Council approved |