Nestled in the serene Cassandra Grove, a quiet cul-de-sac in Totara Vale, North Shore, Auckland, this prime piece of real estate on 625 sqm of freehold land is a developer's dream. With approved resource and building consent for three 4-bedroom dwellings, this elevated site boasts stunning sea and city views. The property has seen a significant Capital Value (CV) increase of 59.56% from $680,000 in 2017 to the current $1,085,000 as of June 2021. The HouGarden AVM estimates the value at $1,037,500, closely matching the latest sale of $1,000,000 in February 2022, a substantial rise from the 1987 sale price of $35,640. The unknown roof and wall construction present a blank canvas for creativity. Adding to its charm, the property falls within the decile 7 Wairau Intermediate School zone and is in close proximity to Target Road School and Glenfield Intermediate School, both decile 6. This is an opportunity not to be missed for those seeking to build their dream homes in a sought-after location with easy access to amenities and transport links.
Updated on October 22, 2024