29 Brookfield Avenue, Onehunga, Auckland

Nestled in the serene cul-de-sac of Brookfield Avenue, Onehunga, Auckland, this 3-bedroom vacant land with a freehold title offers a promising investment opportunity. Constructed in the 1940s with wood walls and tiled roofing, this property presents an average condition, ready for renovation or development. Spanning across 110 square meters of floor area and 1190 square meters of land, it provides ample space for a variety of projects. The capital value has seen a significant increase of 56.84% from $2,120,000 in 2017 to $3,325,000 as of June 2021, showcasing a rapid growth potential. The HouGarden AVM estimates the property's worth at $3,090,000, making it an attractive prospect for developers and investors.

With a prime location and zoning for 'Terraced Housing and Apartment Building', this property holds endless possibilities. It falls within the Royal Oak Primary Zone, enhancing its educational value. The nearby schools, including Baradene College (decile 9), Royal Oak School (decile 8), Royal Oak Intermediate School (decile 2), and Onehunga High School (decile 3), offer a range of educational options for families.

Don't miss the chance to transform this blank canvas into a masterpiece. The property's wide street frontage and flat contour make it an ideal candidate for shaping the future landscape. This is an opportunity to leave a lasting impression on the Auckland property market.

Updated on May 24, 2024