16 Bendridge Street, Flat Bush, Auckland - Manukau

Nestled in the serene Bendridge Street, a quiet cul-de-sac in Flat Bush, Auckland, this residential vacant land of 622sqm boasts a Freehold title. The property presents an opportunity for investors with a north-easterly aspect, ensuring abundant sunlight throughout the day. While the specifics of the wall and roof construction remain unknown, the level contour of the land is conducive to a variety of development plans. The site is fully serviced, with a site coverage of 40% and side yard setbacks of 1.2 metres, offering the flexibility to create additional car parks within the section boundary.

With a capital value of $990,000 as of June 2021, this property has shown a significant increase of 13.79% from its July 2017 valuation of $870,000. The HouGarden AVM estimates the property's value at $965,000, closely aligning with the latest sale on April 16, 2021, for $880,000. The consistent growth in capital value highlights the investment potential of this prime piece of real estate.

Zoned for educational excellence, this property falls within the decile 7 school zones of Nikau Primary, Ormiston Junior, and Ormiston Senior College. These institutions provide a solid foundation for primary and secondary education, making this an ideal location for families with children of all ages.

Updated on August 12, 2024