50 Hobart Crescent, Wattle Downs, Manukau City

Nestled in the serene cul-de-sac of Hobart Crescent, Wattle Downs, Auckland, this expansive freehold property is a gem for investors, developers, or large families. The residence boasts 5 bedrooms, 2 bathrooms, and 2 car parks, with a floor area of 82 square meters on a generous 984 square meter section. Constructed in 1968, the house features wood exterior walls and tiled roofing, both in average condition. The property has an easy to moderate fall contour and is zoned for Mixed Suburban use under the Unitary Plan, with existing stormwater and wastewater services, making it a prime candidate for future development (subject to council approval).

From a financial perspective, the property's capital value has seen a significant increase of 52.98% from $670,000 in July 2017 to $1,025,000 as of June 2021. The HouGarden AVM estimates the property's value at $1,000,000, while the latest sales history shows transactions at $330,000 in June and July 2014. This is a property that not only promises comfort but also holds strong investment potential.

For families with school-aged children, the property falls within the zones of James Cook High School (Secondary, Decile 1) and Clayton Park School (Full Primary, Decile 2), ensuring access to quality education. If you're seeking space, both indoors and out, this property is an exceptional find.

Updated on August 28, 2024