Nestled on a 675 sqm North-facing section at 38 Bond Crescent, Forrest Hill, this comfortable 3-bedroom, 1-carpark home is a prime example of freehold living. Constructed in 1963 with wood walls and an iron roof, it offers an average-conditioneddwelling with a floor area of 120 sqm. The property has seen a significant Capital Value increase of 44.44% from $1,125,000 in 2017 to $1,625,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,635,000, while the latest sales history shows a jump from $355,600 in 2003 to $480,000 in 2010.
For families with educational priorities, the property falls within the decile 9 Westlake Boys' and Girls' High Schools, decile 8 Forrest Hill School, and decile 9 Takapuna Normal Intermediate. This combination of top-tier schooling and a convenient location adds immense value to the property. With public amenities like the Forest Hill Tennis Centre and Becroft Park mere minutes away, the lifestyle here is second to none.
Attention developers and investors, this property presents a golden opportunity. Not only does it offer easy access to public sewage and stormwater systems, but it also has the potential for sub-division into 2 to 5 units. Insulated top and bottom with 3 heat pumps, it's a solid investment in a highly sought-after area. Don't miss the chance to secure this full-site opportunity in the heart of Forest Hill!
Updated on September 10, 2024