69 Boundary Road, Blockhouse Bay, Auckland

Nestled on a generous 609 square meter section at 69 Boundary Road, Blockhouse Bay, this residential-vacant land holds a promising future. The 1961-built property with freehold title boasts a 3-bedroom brick house, adorned with tile roofing. Currently in average condition, both the walls and roof are well-maintained. The property's CV has seen a remarkable increase from $935,000 in 2017 to $1,450,000 as of June 2021, reflecting a growth of 55.08%. The latest HouGarden AVM estimates the property's worth at $1,327,500, while historical sales in 1993 and 1988 were at $168,000 and $171,000 respectively. In terms of education, the property falls within the zones of Marshall Laing School, Lynfield College, and Blockhouse Bay Intermediate, all reputable institutions with good decile ratings.

With potential for subdivision and development, this property is a golden opportunity for developers and investors. Zoned for Residential-Mixed Housing Urban, it's a chance to tap into the land's full potential, subject to council consents. The existing 167 square meter home, though in its original state, offers a blank canvas for transformation. This is a property that not only promises a secure investment but also the potential for added value.

For families, the property is in a sought-after school zone. Marshall Laing School and Lynfield College are both well-regarded, with the latter catering to secondary students from Year 9 to 15. Blockhouse Bay Intermediate is also within the vicinity, ensuring a consistent educational journey for children. This property is not just a home; it's an investment in a brighter future.

Updated on December 13, 2024