4 Melview Place, New Lynn, Auckland - Waitakere

Nestled at 4 Melview Place, New Lynn, Auckland, this prime vacant land of 1,366 sqm boasts a freehold title, strategically positioned in the highly coveted THAB Zone. The property presents a golden opportunity for developers, investors, or first-time homebuyers, with its close proximity to New Lynn Train Station and major shopping centers like LynnMall. The site has the potential for medium-density development, with RC approval for 10 dwellings and a height variation control of 22.5m. The capital value has seen a remarkable increase of 146.07%, from $955,000 in 2017 to $2,350,000 as of June 2021. The HouGarden AVM estimates the property's worth at $2,185,000. In terms of education, the property falls within the zones of several esteemed schools, including Kelston Intermediate and Boys' High School, Kelston Girls' College, New Lynn School, and Blockhouse Bay Intermediate, making it an ideal location for families.

With a promising CV growth history and a well-located site, this property is a developer's dream. The area's school network is impressive, with schools like Kelston Intermediate boasting a decile rating of 2 and Kelston Boys' High School at a 3 decile rating, indicating a high standard of education in the region.

Indeed, 4 Melview Place is not just a piece of land; it's an opportunity to be part of a thriving community with excellent educational facilities and convenient access to transportation and amenities.

Updated on May 15, 2024