Nestled on a steep rise in the serene cul-de-sac of Wilma Road, this vacant residential plot, with a flat building platform, is a freehold opportunity not to be missed. The 979m2 section boasts an unknown roof and wall construction, yet it's been cleared and is ready for development with a drive cut in and power on site. The site has seen a 28.2% increase in Capital Value from $390,000 in 2017 to the current $500,000 as of June 2021. HouGarden AVM estimates the value at $465,000, while the latest sale history shows a transaction at $527,000 in December 2021, a significant leap from the $21,000 sale in 1995. Here, you're not just buying potential; you're stepping into a lifestyle, with Te Toki Reserve across the road and Palm Beach minutes away.
For the buyer who appreciates preparation, the vendors offer a comprehensive suite of reports for a 2-bedroom dwelling, including topographical and geotech surveys, a full resource consent application, ecological impact assessment, and architectural plans. This is a chance to benefit from the groundwork laid by the vendors, who had envisioned a home amidst the beautiful native taraire and nikau forest.
When it comes to education, this property falls within a highly sought-after school zone. The nearby schools are known for their high decile ratings, offering an excellent educational foundation for the family.
Updated on June 04, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.31 km | 2 | 2 | -m2 | Year 2024 Month 10 Day 23 | $1,100,000 | Council approved | |
 | 0.27 km | 2 | 1 | 64m2 | Year 2024 Month 10 Day 21 | $1,070,000 | Council approved | |
0.53 km | 3 | 1 | 94m2 | Year 2024 Month 09 Day 04 | $1,150,000 | Council approved | ||
 | 0.47 km | 3 | 108m2 | Year 2024 Month 08 Day 22 | $1,500,000 | Council approved | ||
 | 0.73 km | 2 | 1 | 73m2 | Year 2024 Month 08 Day 07 | $1,150,000 | Council approved |