108 Thomas Road, Flat Bush, Auckland - Manukau

Nestled in the serene Flat Bush, Auckland, this prime 463m² freehold section at 108 Thomas Road is a golden opportunity for builders, investors, or families seeking to construct their dream home. The site, accessed via a private lane, is surrounded by quality homes and boasts approved Building Consent for an expansive 7-bedroom, 5.5-bathroom residence with 2 legal kitchens and a double internal garage. The property's Capital Value (CV) has seen a substantial increase from $640,000 in 2017 to $860,000 as of 2021, reflecting a growth rate of 34.375%. The latest sales history shows transactions at $600,000 in 2023 and $630,000 in 2024, while the HouGarden AVM estimates the value at $852,500. Educationally, the property falls within the decile 7-rated Ormiston Senior and Junior Colleges, and the decile 2-rated Chapel Downs School, with Sancta Maria College also in the vicinity. This section is ready for immediate development, with services like water, power, Spark, and gas already available.

With a promising CV increase trend and a sought-after location, this property is not to be missed. The approved plans offer a versatile layout, including a 2-bedroom granny flat on the ground level, separate lounges, open-plan living, and spacious master suites upstairs. The convenience of nearby shopping centers like Botany Junction and Ormiston Town Centre, easy motorway access, and proximity to Ormiston Medical Centre and Barry Curtis Park further enhance the appeal of this must-sell section.

Act now and secure this piece of prime real estate in a rapidly growing area, where the potential for both capital gains and a quality lifestyle are abundant.

Updated on November 07, 2024