Nestled in the prestigious Bucklands Beach, this 96m², 3-bedroom, 1-bathroom residence on a 704m² freehold section presents a unique opportunity. The property, built in 1980 with good condition fibrous cement walls and tiled roof, is complemented by a carpark and a level contour. The capital value has seen a remarkable increase of 78.77% from $895,000 in 2017 to $1,600,000 as of June 2021. The HouGarden AVM estimates the property at $1,587,500, closely matching the latest sale of $1,590,000 in April 2022. This home is not just a residence but a potential goldmine for developers or renovators, with EPA approvals for three standalone homes already in place.
For families, the property falls within the zones of Sancta Maria College (Decile 7), Pakuranga College (Decile 7), Macleans Primary School (Decile 7), and Howick Intermediate (Decile 4), ensuring access to quality education. The location is not only convenient for schools but also for shopping and leisure, with easy access to the upcoming Pak'nSave flagship store.
Whether you choose to develop or renovate, this property in a quiet cul-de-sac offers unmatched flexibility and potential, making it an attractive proposition for builders, developers, and families alike.
Updated on November 28, 2024