Nestled on a serene cul-de-sac in the heart of Riverhead, this freehold property boasts an impressive land area of 16,470 square meters. The property, located at 53 Diamond Lane, offers a flexible ownership option, allowing you to choose from pre-designed home packages or start from scratch with approved building consent. The site is ready for your creative vision, with a concrete driveway already in place, essential services connected, and the privacy and safety of a gated community. The unknown condition of the walls and roof only add to the potential for transformation, making this an exciting opportunity to craft your dream lifestyle estate. With a current Capital Value (CV) of $1,200,000, this property has seen a steady increase over the years. The HouGarden AVM estimates the value at $1,185,000, reflecting a promising investment prospect. The recent sale history, with a transaction in 2023, further solidifies the value growth, presenting a 0% increase from the previous sale in 2021. Falling within the Massey High School zone, ranked decile 4, and close to Riverhead School and St. Paul's School, this property is ideal for families. Its prime location, minutes from shopping centers and with stunning views, is a promise of an exceptional lifestyle.
Updated on November 07, 2024
