Nestled at 442 Blockhouse Bay Road, this charming residential property on a spacious 809m2 freehold section boasts a classic 1950s bungalow design with wood exterior walls and tiled roofing. It offers 3 generous bedrooms, a large open-plan living and dining area, along with a vast kitchen perfect for family gatherings, all within a level contour and average condition walls and roof. The property's Capital Value (CV) has seen a remarkable increase of 54.64% from $970,000 in 2017 to $1,500,000 as of June 2021, with a HouGarden AVM estimate of $1,510,000. The latest sale was recorded in 2004 at $375,000.
With a promising CV growth history and potential for development under the Auckland Council Unitary Plan, this property presents a golden opportunity. It is zoned for Mixed Housing Urban, allowing for various possibilities such as retaining the original house and building at the rear, or creating 3-level terraced housing or 2 new family homes. The location is further enhanced by its proximity to top educational institutions, including Glenavon School (Decile 1), Blockhouse Bay Intermediate (Decile 5), Chaucer School (Decile 4), and Lynfield College (Decile 6), ensuring a first-class education for your family.
Set in a quiet cul-de-sac, the property is convenient to local cafes, shopping, and the serene Blockhouse Bay Beach Reserve. It's an ideal blend of comfort, potential, and convenience. Don't miss the auction on site this Saturday, 31st August at 12PM.
Updated on September 06, 2024