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61 Herdman Street, Waterview, Auckland

$1,090,000

61 Herdman Street, Waterview, Auckland

2

1

741m²

HouseListed on Wed Apr 24

Waterview 2 Bedroom Window of Opportunity - Ignore CV

Viewing by appointment only.

Act now on this prime real estate property nestled in the heart of Waterview, offering a multitude of possibilities for the discerning buyer.

• Prime Freehold Land: Own 741sqm (more or less) of valuable freehold land with unlimited potential.

• Charming 1940s Brick Home: Enjoy two bedrooms and sunlit open plan living in this cozy abode.

• Top Schools Nearby: Benefit from being in zone for Waterview School, Avondale Intermediate, and Avondale College.

• Versatile Zoning: Take advantage of the Mixed Housing Urban zoning, subject to Auckland Council approval.

• Unbeatable Location: Conveniently situated near motorways, local parks, LynnMall, St Luke's Shopping Centres, and Auckland CBD.

Whether you're a savvy investor, a growing family, or a visionary developer, this property offers a canvas for your aspirations. Don't miss out on this fantastic opportunity - seize the chance to shape your future in this prime Waterview location.

NOTE: The technical info provided (incl. the floor & section sizes) has been sourced from organisations such as RPNZ, Property Guru & Auckland Council; these are broad guides for general information only. They are solely intended to provide a general understanding of the subject matter & to help you assess whether you need more detailed information. We recommend you seek your own independent advice on everything material to your purchasing decision.

Location

Council Data

Last update : 2024 07 03

Improvement value$50,000Reduced by -44% from year 2017

Land value$1,500,000Increased by 69% from year 2017

CV(Year 2021 Month 06)$1,550,000Increased by 58% from year 2017

View typeFocal Point Of view - Water

ContourLevel

Land area741m²

Floor area91m²

Decade of construction1940

TitleNA51B/338

Type of titleFreehold

Legal descriptionLOT 74 DP 37887

CouncilAuckland - City

Estate descriptionFSIM,1/1,LOT 74 DEPOSITED PLAN 37887,741m2

Council rates$3,839.61 2023/2024

ConditionExternal Walls: Average Roof: Average

ZoningResidential - Mixed Housing Urban Zone

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Waterview School	0.37 km	Primary	1-6	Government	Co-Educational	EQI: 433	3	Detail
Avondale Intermediate	1.98 km	Secondary	7-8	Government	Co-Educational	EQI: 477	2	Detail
Avondale College	2.09 km	Secondary	9-15	Government	Co-Educational	EQI: 441	4	Detail

Property history

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For developers

Unitary plan:Residential - Mixed Housing Urban Zone

Land:741m²

Title:Freehold

Zoning

Underground

Contour

State houses

Flood zone

Suburbs

Data analysis - Waterview properties data

Sales count(Last 12 months)

6View

Type: Freehold

Sales median price(Last 12 months)

$933,500

Low: $885,000, High: $1,100,000

Rent median price(Last 12 months)

$560

Low: $430, High: $620

Waterview property trend

Year	Median price	Growth	Sales count
2023	$952,500	-19.6%	8
2022	$1,185,000	5.8%	5
2021	$1,120,000	-15.8%	8
2020	$1,329,500	32%	7
2019	$1,007,250	28.3%	8
2018	$785,000	-19.7%	7
2017	$977,750	8.6%	4
2016	$900,000	4%	6
2015	$865,000	42.7%	10
2014	$606,000	-	5

Mortgage

Sold nearby

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
17 Howlett Street	0.27 km	3	1	96m²	Year 2024 Month 05 Day 29	$1,300,000	Council approved
29 Oakley Avenue	0.07 km	3	1	-m²	Year 2024 Month 05 Day 24	$1,160,000	Council approved
2/20 Oakley Avenue	0.23 km	2		107m²	Year 2024 Month 04 Day 18	$897,000	Council approved
8/20 Oakley Avenue	0.23 km	3		107m²	Year 2024 Month 04 Day 11	$980,000	Council approved
72A Oakley Avenue	0.21 km	2	1	70m²	Year 2024 Month 03 Day 20	$1,100,000	Council approved