Nestled in the serene Chaucer Place of Blockhouse Bay, Auckland, this residential vacant land holds immense potential for multiple housing. Constructed in 1961 with iron roofing and fibrous cement walls, this freehold property boasts an average condition and a level contour. Spanning across 607m2, it's a perfect canvas for your dream home. The property previously had a capital value of $1,050,000 in 2017, which has increased to $1,250,000 as of 2021, marking a growth of 19.05%. The HouGarden AVM estimates it at $1,240,000. This is not just a property, it's an opportunity to invest in a prime location.
With a history of solid sales and a clear capital value growth trajectory, this property is a wise investment. It's located in a sought-after school zone, with Blockhouse Bay Intermediate at a decile 5, Chaucer School at a decile 4, and Lynfield College at a decile 6. Education and convenience come hand in hand with this property.
Ignore the CV and seize the chance to transform this spacious two-level, 4 bedroom, 2 bathroom family home with a separate garage. It's a project that promises rewards for those willing to invest time and effort. This property is a must-see for those looking to turn their dreams into reality.
Updated on November 06, 2024