Nestled in the esteemed Blockhouse Bay, this 122sqm residential vacant land on 645m2 of freehold property offers a world of potential. The site, with a 1950s single-level family home, features 2 bedrooms, an oversized lounge, and a prime location in a quiet cul-de-sac. The Iron roof and Fibrous Cement walls are in average condition, ready for modernization or development. The capital value has seen a significant increase of 39.5% from $860,000 in 2017 to $1,200,000 as of June 2021. The HouGarden AVM estimates it at $1,150,000, while the latest sale in 2018 was for $835,000. This property falls within the zones of top-rated schools, including Blockhouse Bay Primary, Intermediate, and Green Bay High School, with a decile rating as high as 8.
With a 'Mixed Housing Suburban' zoning, this property presents an exciting opportunity for families or developers. It's conveniently located near all amenities, parks, and recreational facilities. Whether you seek an affordable family home, a site for your dream house, or a development project, this is a must-consider. Don't miss out on this golden chance in a sought-after school zone!
Education takes center stage with this property's inclusion in the catchment areas of Blockhouse Bay School (decile 7), Blockhouse Bay Intermediate (decile 5), Lynfield College (decile 6), and the prestigious Green Bay High School (decile 8). This ensures a quality education for all ages, making it an ideal choice for families who prioritize schooling.
Updated on April 26, 2024