Nestled on an expansive 850sqm section in a serene cul-de-sac of Pax Avenue, Forrest Hill, this freehold property boasts a charming 3-bedroom residence. Constructed in 1959 with wood walls and an iron roof, it presents an average condition both inside and out. The home enjoys a floor area of 110sqm and includes a sunroom, along with a single carpark. The recent HouGarden AVM estimates the property's value at $1,902,500, while the QV reflects a significant capital value increase of 47.17% from $1,325,000 in 2017 to $1,950,000 as of June 2021.
With a prime location in the Mixed Housing Suburban Zone, the property is in close proximity to esteemed educational institutions. It falls within the zones of Wairau Intermediate School (Decile 7), Westlake Boys' and Girls' High Schools (both Decile 9), and Forrest Hill School (Decile 8). This addresses the educational needs of families and ensures a high demand for the property in the rental market.
Perfect for investors and developers, this property offers a golden opportunity to tap into the potential of the area. Its convenient access to motorways and shopping centers, opposite the lush Becroft Park, further enhances its appeal. Don't miss the chance to secure this exceptional investment in the heart of Forrest Hill.
Updated on August 16, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.22 km | 5 | 2 | 0m2 | Year 2024 Month 10 Day 01 | - | Council approved | |
 | 0.20 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 01 | - | Council approved | |
 | 0.31 km | 3 | 1 | -m2 | Year 2024 Month 09 Day 01 | - | Council approved | |
 | 0.20 km | 3 | 1 | -m2 | Year 2024 Month 08 Day 01 | - | Council approved | |
 | 0.17 km | 3 | 1 | 0m2 | Year 2024 Month 08 Day 01 | $1,050,000 | Council approved |