Nestled between Milford and Forrest Hill, this prime freehold property at 63 Corunna Road boasts a capital value that has skyrocketed by 80.24% since 2017. Currently valued at $3,830,000, this 1351 sqm Milford land with an average-condition wood exterior and iron roof, is home to a classic 1950s four-bedroom residence. The property, which includes 2 carparks and a floor area of 150 sqm, is perfect for families, given its zoning for top-rated schools such as Westlake Boys' and Girls' High Schools, Takapuna Normal Intermediate, and Forrest Hill School. With a HouGarden AVM of $3,852,500 and a history of strong sales, this is an opportunity not to be missed, especially for those with a vision to transform this prime location into a suburban haven.
Since the last valuation in 2017 at $2,125,000, the property has seen a significant increase in value. The potential is vast on this site, zoned for residential, mixed-housing suburban development, and it's being sold 'As is, Where is', with a clear mandate to sell. Don't be fooled by the CV or online estimates; this is a unique chance to secure a piece of Milford's future.
Education is a key highlight, with the property being in the decile 9 Westlake Boys' and Girls' High Schools, decile 9 Takapuna Normal Intermediate, and decile 8 Forrest Hill School zones. This quiet cul-de-sac location offers convenience to motorway access and shopping hubs like Milford Shopping Centre and Wairau Valley, making it an ideal base for family life.
Updated on September 27, 2024