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7 Korau Road, Greenlane, Auckland, 3 Bedrooms, 1 Bathrooms, House

Auction

7 Korau Road, Greenlane, Auckland

3
1
142m2
921m2
HouseListed on Wed Jun 5
Most Popular

Greenlane 3 Bedroom DOUBLE GRAMMAR- TRIPLE BANGAR!

- Investors

- Developers

- Home Owners

Everyone is catered for in this PRIME located property, with so many options available this home caters for those with an eye for opportunity either now or into the future.

Currently, the property features include:

- 3 bdrms 1930's bungalow

- 1 bath

- single garage

- 921m2 (mol) section

Having been a much-loved family home since the 1960s for the current owner, TLC is required to get it to its former glory days, perfect for those seeking immediate equity increase or perhaps with an addition or two, maybe even a new build, this will make it your forever home, whilst the kids get the ultimate start through the top flight education that being in Epsom/Auckland Grammar zone brings.

Section wise the almost flat 921m2 (mol) property, which is zoned MH Suburban, holds many opportunities and rewards within this most desired of locations, it's a simple case of doing your numbers and seeing what can be done.

Finally and most importantly perhaps, our Vendor is super motivated as he has already purchased his next property and requires his much loved home, SOLD!

Instructions are clear, SELL, Auction date is set we need YOU to name your price and allow our Vendor to move on to his next adventure.

Location

Council Data

Last update : 2024 07 03
Improvement value$75,000Reduced by -50% from year 2017
Land value$3,350,000Increased by 26% from year 2017
CV(Year 2021 Month 06)$3,425,000Increased by 22% from year 2017
View typeNo appreciable view
ContourEasy/Moderate rise
Land area921m²
Floor area142m²
Decade of construction1937
TitleNA694/175
Type of titleFreehold
Legal descriptionLOT 16 DP 25557 921M2
CouncilAuckland - City
Estate descriptionFSIM,1/1,LOT 16 DEPOSITED PLAN 25557,921m2
Council rates$7,375.63 2023/2024
ConditionExternal Walls: Average Roof: Average
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Cornwall Park District School
0.69 km
Primary
1-6
Government
Co-Educational
EQI: 353
9
Remuera Intermediate
1.28 km
Secondary
7-8
Government
Co-Educational
EQI: 386
8
Epsom Girls Grammar School
1.38 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 397
9
Auckland Grammar School
2.45 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 385
9
Baradene College
2.74 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 372
9

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:921m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Suburbs

Data analysis - Greenlane properties data
Greenlane property trend
Year
Median price
Growth
Sales count
2024
$1,700,000
19%
5
2023
$1,428,000
-18.4%
14
2022
$1,750,000
-2.1%
15
2021
$1,788,000
4%
19
2020
$1,719,441
28.5%
28
2019
$1,338,000
5.6%
16
2018
$1,267,500
-16.1%
32
2017
$1,510,000
2%
15
2016
$1,480,000
4.6%
16
2015
$1,415,000
51.3%
25
2014
$935,000
-
23

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
40 Tawera Road
0.23 km
4
2
-m2
Year 2024 Month 06 Day 11
$2,440,000
Council approved
41 Wapiti Avenue
0.07 km
5
3
220m2
Year 2024 Month 04 Day 24
$4,525,000
Council approved
10A Cornwall Park Avenue
0.09 km
5
3
0m2
Year 2024 Month 04 Day 12
$2,835,000
Council approved
3/5 Tahuri Road
0.22 km
3
2
150m2
Year 2024 Month 02 Day 27
$1,988,045
Council approved
0.25 km
4
159m2
Year 2024 Month 02 Day 01
$2,575,000
Council approved

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Ref:ELL32882Last update:2024-06-25 14:45:56