Nestled in the tranquil Howick, 46 Abercrombie Street presents a prime freehold property on a generous 675m² site. This 1970-built home with mixed-material walls and iron roof boasts 5 bedrooms and 2 car parks, exuding a fair condition both inside and out. The property's Capital Value (CV) has seen a remarkable increase of 48.04%, from $895,000 in 2017 to $1,325,000 as of June 2021, echoing the rapid growth in the area's real estate market. HouGarden's AVM estimates the property's worth at $1,235,000, aligning closely with the government's valuation.
History marks a quick sale for this property, snapped up by a developer in just a week, a testament to its allure and development potential. Zoned for Mixed Housing Urban, the site invites high-density projects, further enhanced by its strategic location near Howick Village and public transport. The property falls within the catchment of esteemed schools, including Star of the Sea School and Howick College, both boasting high decile ratings, making it an ideal investment for families.
With a promising future ahead, 46 Abercrombie Street stands as a beacon of opportunity in the heart of a desirable school zone. Its proximity to top-performing schools such as Owairoa School and Howick Intermediate, along with the convenience of the locale, marks it as a golden investment for both current use and future development.
Updated on June 13, 2024