Located at 13 Bond Crescent, Forrest Hill, Auckland - North Shore, this residential property offers a prime development and landbanking opportunity in a top school zone. The property features six bedrooms, one bathroom, and no car parks, with a floor area of 160sqm and a land area of 827sqm. Ownership is freehold, and the building, constructed in 1962, has brick walls in average condition and an iron roof in good condition. The property contour is described as easy/moderate fall, fitting for the residential - home & income category.
The capital value of the property has seen a significant increase, from $1,275,000 on July 1, 2017, to $2,200,000 on June 1, 2021, marking a 72.55% growth. The HouGarden AVM estimates the property's value at $2,165,000. Historical sales data shows the property was sold for $1,220,000 on March 14, 2015, and for $220,000 on May 3, 2002. This property not only offers a spacious and stylish living but also a potential weekly rental income of $1,000, adding to its financial appeal.
This property is located in an excellent school zone, with Forrest Hill School right across the road, and both Westlake Boys' and Westlake Girls' High Schools within walking distance. Takapuna Normal Intermediate is just a 5-minute drive away. These schools boast high decile ratings, ensuring quality education. The location offers convenience with easy access to amenities, public transport, and the motorway, making it an attractive option for families and investors alike.
Updated on March 21, 2024.