Nestled on a serene 14.1831HA of level pasture land, this freehold property at 205 Sutton Road, Drury, Auckland - Papakura, presents an idyllic lifestyle opportunity. Built in 1900, the property boasts unknown wall and roof construction, but the potential is palpable. With a single bedroom and bathroom, and no car parks, this property is not just a home but a future land bank investment. The capital value has seen a staggering increase of 78.36%, from $4,275,000 in 2017 to $7,625,000 as of 2021. The HouGarden AVM estimates it at $7,427,500, while the latest sales were recorded at $5,500,000 in 2018 and $3,200,000 in 2015. It falls within the Drury School catchment with a decile rating of 7, and is close to Papakura High School and Rosehill College, both secondary schools with deciles of 1 and 5 respectively.
Currently zoned Future Urban, this property offers a tranquil outlook with mature trees, and the possibilities are endless: from building your dream home to creating a lifestyle property or even using it for agricultural purposes. The location is a gem, being close to the quaint Drury town centre, motorway access, local cafes, and the proposed Kiwi Properties Business Centre. This is a mortgagee sale that promises great returns and a peaceful life.
Updated on August 20, 2024