Nestled in the serene New Windsor, Auckland, this 1951-built property on 65 Maioro Street boasts a freehold title on an 825m2 land area. The vacant lot, with wooden walls and tiled roofing in average condition, is primed for development with its 70m2 floor area and level contour. The property's potential is further enhanced by its strategic location, close to motorway access and in a high-demand suburb.
With a CV of $1,650,000 as of June 2021, this site has seen an impressive growth of 84.36% since July 2017. The HouGarden AVM estimates the value at $1,419,500, while the latest sales history includes transactions at $375,000 in 2009 and $436,000 in 2007. This presents a golden opportunity for investors and developers looking to capitalize on the property's high growth potential.
For families, the property falls within the zones of Blockhouse Bay Intermediate, a decile 5 school, and New Windsor School, a decile 4 contributing school. This ensures quality education options for children. With such a compelling combination of location, potential, and educational amenities, this property is a must-consider for those seeking a prime development opportunity.
Updated on October 11, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.29 km | 3 | 1 | 90m2 | Year 2024 Month 12 Day 07 | - | Council approved | |
 | 0.20 km | 4 | 3 | 170m2 | Year 2024 Month 12 Day 06 | - | Council approved | |
 | 0.41 km | 3 | 2 | -m2 | Year 2024 Month 12 Day 01 | - | Council approved | |
 | 0.25 km | 3 | 2 | -m2 | Year 2024 Month 10 Day 24 | $933,000 | Council approved | |
0.17 km | 3 | 125m2 | Year 2024 Month 08 Day 21 | $960,000 | Council approved |