20 Hayr Road, Three Kings, Auckland

Nestled at 20 Hayr Road, Three Kings, Auckland, this charming 3-bedroom property is a freehold haven set on 872sqm of the coveted THAB Zone. Constructed in 1927 with wood walls and an iron roof, it boasts an average condition both inside and out. The residence features a large bathroom, separate lounge, and an open-plan kitchen and dining area that extends to a spacious deck and a private backyard, ideal for hosting. With a floor area of 109sqm and a property contour that offers an easy to moderate rise, this home is perfect for both families and investors. Notably, the property has seen a 50.33% increase in Capital Value from $1,530,000 in 2017 to $2,300,000 as of June 2021, with a HouGarden AVM estimate of $2,245,000. The latest sales were in 2011 for $360,000 and in 2000 for $300,000. Educationally, the property falls within the zones of Mt Roskill Intermediate School, Mt Roskill Grammar, and Three Kings School, all reputable institutions with deciles ranging from 4 to 7.

Hayr Road is not just a home but a prime development or land banking opportunity. Located near Auckland Central, it's just a stone's throw away from Three Kings Shopping Centre, Royal Oak Mall, and SH20, offering convenience at its best. The motivated sellers are set to move by December 2024, making this a chance that's too good to miss. This weatherboard bungalow is not only a perfect family home but also a potential passive income generator while you plan for future development.

With such a promising location and growth potential, properties like this don't stay on the market for long. Don't miss the opportunity to secure this piece of real estate gold in the upcoming auction on 8 August at 4pm. The auction will be held at RayWhite Ponsonby.

Updated on August 11, 2024