Positioned in the serene and desirable Monte Cristal Avenue of Swanson, Auckland, this freehold property offers a blank canvas for your dream home. Set on a generous 450m² section, the site is ready for immediate construction with new titles issued, providing a hassle-free building experience. The property boasts an unknown roof and wall construction, yet promises ease of living with proximity to public transport and major amenities. Notably, the capital value has seen a significant increase of 63% from $405,000 in 2017 to $660,000 as of June 2021. The HouGarden AVM estimates the property's worth at $632,500, making it an attractive investment in a rapidly appreciating area.
On the financial front, the property presents a solid investment with a capital value growth that outpaces the market average. The recent sales history and government valuation reflect the increasing desirability of the location. For families, the property falls within the decile 3 school zones of Swanson School, Waitakere College, and Henderson Intermediate, ensuring quality education options for children of all ages.
With its convenient access to nature, shopping, and education, this property is not just a piece of land but a gateway to a fulfilling lifestyle. Whether you're looking to build your forever home or invest in a property with strong growth potential, this opportunity in the Ranui/Swanson neighborhood is one not to be missed.
Updated on October 21, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.02 km | 6 | 4 | -m2 | Year 2025 Month 01 Day 01 | $1,380,000 | Council approved | |
 | 0.20 km | 3 | 1 | -m2 | Year 2025 Month 01 Day 01 | - | Council approved | |
 | 0.14 km | 5 | 4 | -m2 | Year 2024 Month 12 Day 13 | - | Council approved | |
 | 0.09 km | 4 | 2 | -m2 | Year 2024 Month 10 Day 01 | $845,000 | Council approved | |
 | 0.19 km | 5 | 3 | 260m2 | Year 2024 Month 09 Day 04 | - | Council approved |