30 Rangitiki Crescent, Lynfield, Auckland

Nestled on a prime 746m2 freehold section in the sought-after Lynfield area of Auckland, this property presents a golden opportunity with its Mixed Housing Urban Zone (MHUZ) status and a granted Resource Consent for six dwellings. Constructed in 1966 with wood exterior walls and tiled roofing, the current dwelling boasts three bedrooms and is complemented by an average-condition structure. The capital value has seen a remarkable increase of 53.41% from $880,000 in 2017 to $1,350,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,255,000, while the latest sales history dates back to 1996 at $196,500. Located in a quiet cul-de-sac, it's within walking distance to highly rated schools, including Lynfield College (Decile 6) and Halsey Drive School (Decile 7), with easy access to public transport, amenities, and motorways.

With a floor area of 113m2, this property is tenanted and ready for investors or developers looking to secure a piece of Auckland's high-growth central city fringe. The potential for development is immense, making it a rare find that balances lifestyle with investment potential.

Educationally, the property falls within the zones of Lynfield College, Halsey Drive School, and Waikowhai Intermediate, ensuring a range of educational options for families. The schools are known for their high standards, with Lynfield College being a Secondary school catering to Years 9-15 and Halsey Drive School offering a Contributing primary education. This combination of location, land size, and development potential makes it a must-consider for those seeking a sound real estate investment.

Updated on May 17, 2024