Living area
Kitchen
Owned by the one family for over 40 years. This is one of those unprecedented opportunities that's offering developers and land bankers a rare chance to manifest their next development. An easily accessed 2388 sqm (approx.) FREEHOLD site is zoned Mixed Housing Suburban. The strategy could be to do the due diligence and uncover the scenarios to maximise your investment in this prime city fringe suburb. With wastewater and storm water in situ the feasibility of your next steps will already have some boxes ticked.
The small dwelling on the land is a two-bedroom, one bathroom 82 sqm (approx.) weatherboard home with freestanding garage accompanied by some mellowing outbuildings. Options include tenanting the home while planning is proceeding or until such time as the first pegs go down for the commencement of your project. Partially fenced and with a land profile that goes from flat to moderately sloping, the well-kept grounds are largely comprise lawn and mature trees.
Close to southern motorway with Akarana and Maungakiekie Golf Courses, and Keith Hay Park nearby. Handy also for Lynfield Tennis Club and a raft of early childcare centres, this superb block is in zone for Mount Roskill Grammar, Hay Park School and Waikowhai Intermediate. An approximate 22-minute commute to the city centre with Mt Roskill shopping precinct a short car trip away, all the elements are here to transform the site and reap the as yet untapped return on your investment.
All agents conjunction welcome!
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $1,287,500 | 20.9% | 4 |
2022 | $1,065,000 | 9.2% | 6 |
2021 | $975,000 | -16.1% | 17 |
2020 | $1,162,500 | 41.1% | 14 |
2019 | $823,999 | -2.3% | 22 |
2018 | $843,514 | 1.4% | 14 |
2017 | $832,000 | -2% | 11 |
2016 | $849,000 | -1.8% | 16 |
2015 | $865,000 | 25.2% | 24 |
2014 | $691,000 | - | 29 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.34 km | 4 | 3 | 87m2 | Year 2024 Month 04 Day 12 | $1,038,000 | Council approved | |
 | 0.68 km | 5 | 3 | -m2 | Year 2024 Month 04 Day 01 | - | Council approved | |
 | 0.25 km | 4 | 2 | 0m2 | Year 2024 Month 04 Day 01 | $895,000 | Council approved | |
 | 0.72 km | 3 | 1 | 134m2 | Year 2024 Month 02 Day 09 | $1,001,500 | Council approved | |
 | 0.35 km | 2 | 2 | -m2 | Year 2023 Month 12 Day 01 | $862,000 | Council approved |