21 Valonia Street, New Windsor, Auckland

Nestled in the serene New Windsor, Auckland, this 908m2 freehold property is primed for development with its zoning for Residential - Vacant land multiple housing. The site, with a capital value of $1,850,000 as of June 2021, has shown a remarkable growth of 38.06% since July 2017. It features 7 bedrooms, 3 bathrooms, and a spacious floor area of 370m2. Constructed in 1950, the property boasts fibrous cement walls and tiled roofing, both in average condition. The site has an easy to moderate fall contour and is located in a quiet cul-de-sac, enhancing its potential for a high-density, modern living space. The latest sale history includes transactions in 2018 and 2016, with prices of $1,500,000 and $1,428,000 respectively, indicating a consistent upward trend in value.

With a HouGarden AVM of $1,720,000, this property is not just a prime investment but also a strategic one, given its approved resource and building consents. Its location, close to amenities and within the decile 4 and 5 school zones of Avondale College, Blockhouse Bay Intermediate, and New Windsor School, further adds to its allure. This is an opportunity not to be missed by developers and land bankers looking to tap into the growing demand for diverse housing options in Auckland.

Educationally endowed, the property falls within the catchment area of highly regarded schools. Avondale College, a secondary school with a decile rating of 4, along with Blockhouse Bay Intermediate at decile 5 and New Windsor School at decile 4, provides a solid foundation for families. This property is not just land; it's a promise of a thriving community and a sound investment for the future.

Updated on June 18, 2024