Discover the potential of 99 Terry Street, Blockhouse Bay, Auckland - City, a property that boasts a spacious three-bedroom home on a generous 725m2 section. This freehold property, categorized as Residential - Vacant land multiple housing, features a floor area of 166m2. Constructed in 1960 with wood walls and an iron roof, both in average condition, it sits on an easy/moderate rise contour. The absence of bathrooms and car parks in the data does not diminish the property's appeal, highlighted by its ample parking space and a double garage with an attached workshop.
Since its last sale in 1998 for $235,000, the property has seen a significant increase in capital value, from $1,100,000 in 2017 to $1,750,000 in 2021, marking a 59.09% growth. The HouGarden AVM estimates its value at $1,720,000. This property, with its private backyard oasis, offers a multitude of possibilities for families, investors, or developers, including potential subdivision or development (subject to council approval) within the Residential-Mixed Housing Urban Zone.
Located in a prime area, the property is zoned for Marshall Laing School (decile 5), Blockhouse Bay Intermediate (decile 5), and Lynfield College (decile 6), making it an ideal choice for families seeking quality education options. Embrace the opportunity to build, develop, or invest in this exciting property, perfectly positioned for future success.
Updated on April 02, 2024.