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40 Rankin Avenue, New Lynn, Auckland, 4 Bedrooms, 1 Bathrooms, House

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40 Rankin Avenue, New Lynn, Auckland

4
1
1
160m2
2256m2
HouseListed on Fri Feb 16
luxuryLand bankFreehold
$13,828/Monthly repayments
Based on estimate value
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New Lynn 4 Bedroom Developers/Investors know this THAB ZONE Land Potential!

This presents a rare opportunity for developers/Investors and land bankers to secure a land size of 2,256 sqm (more or less), zoned for Terrace Housing and Apartment Buildings Zone (CORNER SITE) under the Auckland Unitary Plan. There is an opportunity for a substantial development or property investment (Subject to Auckland Council approval).

This one title is positioned in a prime location for development, services are on the site. favorably flat, and within easy walking distance to the New Lynn Transport Hub. The existing property is a Brick and tile 1950s bungalow, consisting of four bedrooms, one bathroom, open plan living, kitchen, and dining areas.

It offers easy access to all amenities, promising a relaxed, social, and convenient lifestyle. Only a few minutes to the vibrant New Lynn shopping center, supermarkets, schools, gyms, medical centers, and the Lynn Mall. A highly convenient location, making it a great selling point for a new development.

This site presents an exceptional development opportunity in terms of size, location, and potential. So, savvy investors and developers, don't delay!

Opposite to New Lynn Metropolitan Centre zone

* New Lynn Train and Bus station 5 minutes walking distance

* Mitre10, Bunnings, Place Maker, Lynn Mall, New Word, Woolworths, Indian Grocery Stores,

* Subway, KFC, McDonald's, Burger Fuel, Burger King

* Easy access to Motorway 16 via Patiki Road and Great North Road exits for West Auckland and Auckland City.

* Motorway 20 via Mairo Street and Dominion Rd for East/South Auckland and Airport

* New Lynn Primary School is just opposite to the property and In the zone with Blockhouse Bay Intermediate and Kelston Girls' College, Kelston Boys' High School, etc.

If you are intrigued by the potential of Rankin Ave and would like to discuss this exclusive opportunity further or schedule a viewing, please do not hesitate to reach out.

Call me now at 0210637463 to schedule a meeting.

Location

Estimate update: 2024 05Data Disclaimer
Low$2,255,000
Mid$2,327,500
High$2,400,000

Estimate accuracy

Get price information for this property

Council Data

Last update : 2024 05 15
Improvement value$175,000Increased by 250% from year 2017
Land value$2,325,000Increased by 89% from year 2017
CV(Year 2021 Month 06)$2,500,000Increased by 96% from year 2017
景色
景色No appreciable view
坡度
坡度Level
土地面积
土地面积2256m²
建筑面积
建筑面积160m²
建造年代
建造年代1950
地契编号
地契编号NA2038/78
地契类型
地契类型Freehold
法律描述
法律描述LOT 1 D P 49993
市议会
市议会Auckland - Waitakere
产权描述
产权描述FSIM,1/1,LOT 1 DEPOSITED PLAN 49993,2256m2
建筑规格
建筑规格External Walls: Brick Roof: Tiles
建筑现况
建筑现况External Walls: Average Roof: Average
城市规划
城市规划Residential - Terrace Housing and Apartment Building Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
New Lynn School
0.14 km
Primary
1-6
Government
Co-Educational
EQI: 455
4
Blockhouse Bay Intermediate
1.24 km
Secondary
7-8
Government
Co-Educational
EQI: 411
5
Kelston Girls' College
1.67 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 509
2
Kelston Boys' High School
2.10 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 507
3
Kelston Intermediate
2.37 km
Secondary
7-8
Government
Co-Educational
EQI: 507
2

Property history

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For developers

Unitary plan:Residential - Terrace Housing and Apartment Building Zone
Land:2256m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Suburbs

Data analysis - New Lynn properties data
New Lynn property trend
Year
Median price
Growth
Sales count
2023
$1,075,000
-9.7%
43
2022
$1,190,000
-10%
37
2021
$1,322,500
26.7%
54
2020
$1,044,000
8.2%
62
2019
$965,000
10.9%
31
2018
$870,000
-3.9%
19
2017
$905,000
-7.2%
25
2016
$975,000
11.7%
33
2015
$873,000
28.4%
45
2014
$680,000
-
49
Promote

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
6 Seabrook Avenue
0.33 km
3
1
112m2
Year 2024 Month 05 Day 03
$880,000
Council approved
24/14 Ambrico Place
0.06 km
3
147m2
Year 2024 Month 04 Day 02
$450,000
Council approved
24/14 Ambrico Place
0.12 km
3
2
-m2
Year 2024 Month 03 Day 01
$450,000
Council approved
0.43 km
2
1
94m2
Year 2024 Month 02 Day 02
$755,000
Council approved
89/1 Ambrico Place
0.16 km
3
1
-m2
Year 2023 Month 12 Day 06
$767,500
Council approved

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Ref:L26400714Last update:2024-02-21 23:35:34