Nestled in the serene cul-de-sac of 137 Moore Street, Hillcrest, Auckland, this charming residence on a freehold title boasts 3 spacious bedrooms, a generous floor area of 130sqm, and a vast land area of 859sqm. Constructed in 1966 with wood walls and an iron roof in good condition, the property offers a single carpark and a basement with ample storage. The capital value has seen a rapid increase from $1,320,000 in 2017 to $2,100,000 as of June 2021, reflecting a growth rate of 59%. The property is estimated at $2,047,500 by HouGarden AVM, indicating a potential investment opportunity.
With a property contour that's easy to moderate rise, this home presents a golden chance for developers, with the possibility of extending, renovating, landbanking, or subdividing, subject to council approval. It's zoned for Mixed Housing Suburban, which could accommodate three standalone residences or up to six two-level townhouses. The location is further enhanced by its proximity to Willow Park School (Decile 9), Northcote Intermediate School (Decile 6), and Northcote College (Decile 7), making it an ideal family home in a sought-after school zone.
Set in a prime location, within walking distance to Willow Park School and Monarch Park, and with convenient access to local amenities and the motorway, this property is not to be missed. Don't let the CV fool you; this home's potential is worth exploring.
Updated on August 16, 2024