Nestled in a serene cul-de-sac at 47a Torino Street, Point England, Auckland, this freehold property is a developer's goldmine. Constructed in 1970 with wood exterior walls and tiled roofing, it offers 5 bedrooms, 3 carparks, and a generous floor area of 125 sqm on a sprawling 1298 sqm plot. The property, with an average wall condition and fair roof condition, sits on a contour with an easy to moderate fall. The capital value has seen a staggering increase of 21.67% from $1,500,000 in July 2017 to $1,825,000 as of June 2021. The HouGarden AVM estimates it at $1,670,000, while the latest sale was for $1,400,000 in October 2020.
For families, the property is zoned for Baradene College (decile 9), Tamaki College (decile 1), and Ruapotaka School (decile 1). It's a prime location with easy access to Panmure township, public transport, and major routes, making it an ideal blend of convenience and potential for future development.
With resource consent for 9 terrace homes, this property is a treasure trove waiting to be unlocked. Auction-bound, unless sold prior, it's a chance not to be missed!
Updated on December 03, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.39 km | 4 | 2 | -m2 | Year 2024 Month 10 Day 30 | - | Council approved | |
 | 0.40 km | 2 | 1 | 76m2 | Year 2024 Month 10 Day 08 | $775,000 | Council approved | |
 | 0.39 km | 2 | 1 | 83m2 | Year 2024 Month 09 Day 30 | $746,000 | Council approved | |
 | 0.19 km | 4 | 4 | -m2 | Year 2024 Month 09 Day 01 | - | Council approved | |
 | 0.33 km | 3 | 1 | 0m2 | Year 2024 Month 08 Day 01 | $810,000 | Council approved |