Nestled in the coveted Sunnynook suburb, 15 Lavery Place is a prime piece of real estate on a 708m2 freehold site, with a well-maintained wooden exterior and tiled roof, constructed in 1975. This property boasts 3 bedrooms, 5 bathrooms, and a single carpark, with a floor area of 110m2, all in good condition. The site is zoned for Mixed Housing Suburban, offering potential for redevelopment. The capital value has seen a 51.96% increase from $1,020,000 in 2017 to $1,550,000 as of 2021, with a HouGarden AVM estimate of $1,537,500. The latest sale was for $2,005,000 in 2021, and $650,000 in 2013, showcasing a significant growth trend. It falls within the Rangitoto College and Double Westlake School zones, with Mairangi Bay School, Sunnynook School, and Wairau Intermediate School also in close proximity, all rating highly on the decile scale.
With council consents in place for three stand-alone houses, this property presents a golden opportunity for families, builders, developers, and investors. The plans include 4-bedroom homes with generous floor areas and decks, designed to maximize the potential of the site. Its location is convenient, with easy access to local shops, the Constellation Bus Station, Mairangi Bay Beach, Pupuke Golf Course, and a short drive to motorway access and Albany shopping center. This property is a gem waiting to be polished, ready to captivate those with a keen eye for investment and development potential.
For those with a focus on education, the property is within a highly rated school zone. Rangitoto College and both Westlake Boys' and Girls' High Schools are decile 9 and 10, offering an excellent educational foundation for children. Mairangi Bay School and Sunnynook School are also contributing schools with impressive decile ratings, ensuring a strong community focus on education.
Updated on November 29, 2024