59 Richardson Road, Mount Albert, Auckland

Nestled on a prime freehold section at 59 Richardson Road, Mount Albert, Auckland, this 179sqm residential vacant land holds immense potential for multiple housing. Constructed in 1923, the property boasts a roof made of iron and walls of wood, with the roof in fair condition and walls in need of improvement. This is a levelled property, perfect for building your dream home. With a capital value of $1,775,000 as of June 2021, it has shown a remarkable growth rate of 26.79% since July 2017. The property is in a quiet cul-de-sac, offering tranquility and convenience.

History shows a HouGarden AVM estimate of $1,785,000, with the latest sale recorded on August 20, 2019, at $1,321,000. This indicates a significant increase in value and a promising investment opportunity. The property is zoned for reputable schools, including Avondale College (Decile 4), Mt Albert Grammar School (Decile 7), Owairaka District School (Decile 3), and Kowhai Intermediate School (Decile 7), ensuring quality education for the family.

With excellent school networks, convenient access to major transport links and motorways, this property presents an exclusive entry-level opportunity. It's a chance to own a modern townhouse designed by the esteemed Macfie Architecture, with the possibility of customization and upgrades. Don't miss out on this unique chance to secure your future home in a vibrant and convenient location.

Updated on September 20, 2024