Step into a world of endless possibilities with this elevated 809sqm freehold section at 49 Stredwick Drive, Torbay, Auckland - North Shore. This 1970-built home with wood exterior walls and iron roofing boasts 3 bedrooms, 2 car parks, and a floor area of 125sqm. The property, in good wall and roof condition, is zoned for Residential - Vacant land multiple housing and offers a capital value increase of 50% from $860,000 in 2017 to $1,290,000 as of June 2021. The HouGarden AVM estimates the value at $1,260,000, while the latest sales were recorded at $906,000 in 2018 and $605,000 in 2014.
Perfectly located within walking distance of Long Bay College (Secondary, Decile 10), Long Bay School (Contributing, Decile 10), and Northcross Intermediate (Decile 10), this property is an ideal family haven. The existing house features a spacious open-plan lounge, a sunny deck, and a flat back lawn, with the master bedroom offering a semi-ensuite and a walk-in wardrobe. Two additional bedrooms upstairs each have access to a balcony, and there are two carports for parking convenience.
Whether you seek a family home in a top-rated school zone, a land banking opportunity, or a development project with subdivision potential, this property is a golden opportunity. The owner is determined to sell, so seize the chance to unlock the endless potential this property holds.
Updated on September 02, 2024