Nestled on a steep fall in the serene Greenhithe neighborhood of Auckland's North Shore, 7 Koru Lane presents a unique opportunity on a freehold site. This vacant residential property, with unknown specifics in terms of construction and condition, offers a blank canvas for potential development. The site, spanning 859 square meters, is situated in a quiet cul-de-sac, providing privacy and tranquility. While details about the number of bedrooms, bathrooms, and carparks are not available, the property's potential is highlighted by its $740,000 capital value as of June 2021, with a HouGarden AVM estimate of $745,000. The latest sale record from August 14, 2024, indicates a transaction of $739,000, reflecting a stable market value.
Over the years, the capital value has seen a consistent growth trajectory, signaling a promising investment opportunity. The property's freehold status further enhances its appeal, offering full control and flexibility for future endeavors.
For families with educational considerations, the property falls within a highly regarded school zone. The local schools boast impressive decile ratings, ensuring access to quality education. This combination of a prime location, potential for growth, and educational benefits makes 7 Koru Lane an attractive prospect for both investors and families.
Updated on September 11, 2024