Nestled on a steep rise in the serene cul-de-sac of Wilma Road, this vacant residential plot, with a flat building platform, is a freehold opportunity not to be missed. The 979m2 section boasts an unknown roof and wall construction, yet it's been cleared and is ready for development with a drive cut in and power on site. The site has seen a 28.2% increase in Capital Value from $390,000 in 2017 to the current $500,000 as of June 2021. HouGarden AVM estimates the value at $465,000, while the latest sale history shows a transaction at $527,000 in December 2021, a significant leap from the $21,000 sale in 1995. Here, you're not just buying potential; you're stepping into a lifestyle, with Te Toki Reserve across the road and Palm Beach minutes away.
For the buyer who appreciates preparation, the vendors offer a comprehensive suite of reports for a 2-bedroom dwelling, including topographical and geotech surveys, a full resource consent application, ecological impact assessment, and architectural plans. This is a chance to benefit from the groundwork laid by the vendors, who had envisioned a home amidst the beautiful native taraire and nikau forest.
When it comes to education, this property falls within a highly sought-after school zone. The nearby schools are known for their high decile ratings, offering an excellent educational foundation for the family.
Updated on June 04, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
0.10 km | 3 | 126m2 | 2024 12 07 | $1,150,000 | Council approved | |||
 | 0.15 km | 3 | 1 | 85m2 | 2024 11 05 | $1,219,000 | Council approved | |
 | 0.30 km | 2 | 1 | 64m2 | 2024 10 21 | $1,070,000 | Council approved | |
 | 0.47 km | 3 | 108m2 | 2024 08 22 | $1,500,000 | Council approved | ||
 | 0.12 km | 2 | 1 | 73m2 | 2024 08 07 | $1,150,000 | Council approved |