105 Coronation Road, Hillcrest, Auckland - North Shore

Nestled at 105 Coronation Road, Hillcrest, Auckland, this Freehold property boasts a generous 840 square meters of flat land, ideal for developers, investors, or buyers looking to land-bank. Constructed in 1965 with wood walls and an iron roof, the average-conditioned property includes a comfortable three-bedroom layout with a single carpark. The site's potential is further enhanced by its location within the highly esteemed Westlake Boys and Girls High School zones, alongside other top-rated schools like Takapuna Normal Intermediate, Sunnybrae, and Willow Park.

With a current Capital Value (CV) of $1,765,000 as of June 2021, a significant increase from $1,030,000 in July 2017, the property has seen a CV growth of 71.36%. The HouGarden AVM estimates the property's value at $1,750,000, while the latest sale was recorded in 1991 for $143,000. This indicates a promising investment opportunity with a substantial capital gain potential.

For families prioritizing education, the property falls within the catchment areas of several high-performing schools, including Westlake Boys' and Girls' High Schools, both with a decile rating of 9. Other schools like Sunnybrae Normal School and Willowpark School are also contributing schools with deciles 7 and 9 respectively. This address offers a strategic advantage, being convenient to shopping centers, motorway access, and recreational amenities like the Takapuna Golf Course and nearby beaches.

Updated on November 26, 2024