20a Third Avenue, Onetangi, Auckland

Located at 20a Third Avenue, Onetangi, Auckland - City, this unique commercial vacant property stands as the last large, flat section of 1500m2, merely 150m away from Onetangi beach, close to shops and restaurants. Despite its unknown bedroom count, it features 1 bathroom, no car parks, and a floor area of 0m2. The property boasts a freehold ownership type, with unknown details regarding its roof and wall construction, condition, and the property contour. It's a blank canvas waiting for development, equipped with power for builders, optional water supply access, and an installed irrigation system along its well-established boundaries for privacy.

From a financial perspective, the property has seen a significant increase in capital value, from $1,300,000 on July 1, 2017, to $1,625,000 on June 1, 2021, marking a 25% growth. The HouGarden AVM estimates its value at $1,557,500. The latest sale recorded was on March 12, 2015, for $630,000. This property represents a remarkable investment opportunity, with its value consistently on the rise.

In terms of education, the property falls within the zone of Waiheke Primary School, a full primary institution with a decile rating of 7. This offers a great advantage for families looking to provide quality education to their children while enjoying the serene and sunny spot near Onetangi Valley, backed by a reserve with stunning views.

Updated on April 05, 2024.