Located at 1 Quelch Road, Onetangi, Auckland - City, this residential vacant land presents a unique opportunity for those dreaming of building their own paradise. With an expansive land area of 817m2, the property boasts a north-facing section that offers breathtaking views over Onetangi Bay. The contour of the land is described as having a steep fall, which could be creatively utilized in the design of a new home. Despite the unknown specifics regarding the wall and roof construction, as well as their conditions, the freehold ownership type ensures that the new owners will have complete control over their future development. The property does not include any bedrooms, bathrooms, or car parks as it is a vacant lot, ready for someone to bring their vision to life.
Over the years, the capital value of this property has seen a significant increase, from $1,120,000 on July 1, 2017, to $2,525,000 on June 1, 2021, marking a 125.446% growth. This rapid appreciation highlights the property's desirability and potential for further value growth. The latest sale on January 29, 2024, was recorded at $1,525,000, which, while lower than the current HouGarden AVM of $2,420,000, still reflects the property's substantial value. This history of sales and valuations underscores the property's investment potential.
The property falls within the zone for Waiheke Primary School, a full primary school with a decile rating of 7. This provides an excellent educational opportunity for families looking to build their dream home in a location that offers both stunning natural beauty and a strong community with quality schooling options.
Updated on April 05, 2024.