12 Glann Lane, Flat Bush, Auckland - Manukau

Nestled on a prime 325m² freehold section in the coveted Flat Bush, Auckland, this property is a gem waiting to be polished. With an approved Building Consent, it's poised for the construction of your dream home. The package includes a potential 7-bedroom layout with 5 en-suites, promising both comfort and luxury. The site offers approximately 349.4m² of floor space, with amenities like a well-equipped kitchen, a kitchenette, and a double internal garage. The location is not only serene, but also convenient, with easy access to services, amenities, and the Ormiston Business Centre. As for education, it falls within the zones of Sancta Maria College (Decile 7) and Chapel Downs School (Decile 2), among others. The property's Capital Value (CV) has seen a significant increase, with a current valuation of $780,000, while the HouGarden AVM estimates it at $760,000. The latest sale history shows a transaction at $600,000 in 2024, indicating a potential for growth. This is a unique opportunity in a rapidly developing area, not to be missed.

With a CV growing at a notable pace, this property presents a sound investment. The recent sale price and the AVM reflect a competitive market, making it an attractive prospect for both investors and homebuyers. The site's potential is further enhanced by its proximity to top-performing schools and the convenience of nearby motorways.

For families with children, the school network is a key highlight. The property is within the zones of several well-regarded schools, including Sancta Maria College and Ormiston Senior College, both Decile 7. This ensures access to quality education, a significant draw for many homebuyers.

Updated on August 21, 2024