Nestled in a quiet cul-de-sac at 1/20 Lowburn Place, Clover Park, Auckland, this residential dwelling built in 1996 offers a unique opportunity for the right buyer. With 3 bedrooms, 1 carpark, and a floor area of 140 square meters, it features Roughcast walls and an Iron roof in good condition. The property sits on a Cross-Lease title and boasts an easy to moderate rise contour. As of June 1, 2021, the Capital Value (CV) is $860,000, showing a 30.3% increase from the $660,000 valuation in July 1, 2017. The HouGarden AVM estimates the property at $825,000, while the latest sales were recorded at $203,000 in 2002 and $222,000 in 1996.
For investors and families alike, the property's location within the catchment area of Tangaroa College (Secondary, Decile 1), Chapel Downs School (Contributing, Decile 2), and Redoubt North School (Full Primary, Decile 2) adds significant value. This 'propertunity' may require a vision beyond the surface, yet holds promise for those willing to invest time and effort.
With the auction即将到来 and the seller's determination to sell, this property presents a chance to either redevelop or renovate. Sold 'As Is Where Is', potential buyers are encouraged to conduct thorough due diligence. This leaky home 'propertunity' could be the bargain basement deal for the bold and well-prepared buyer.
Updated on October 18, 2024