Nestled in a serene cul-de-sac at 11 Nedlands Place, Pakuranga Heights, Auckland, this freehold property on a level 605sqm section is a gem waiting to be polished. The 1991-built home with mixed materials exterior and tile roofing boasts 3 bedrooms, 2 carparks, and a floor area of 106sqm. Both the walls and roof are in good condition, setting the stage for a potential transformation. The government's capital value has seen a 42.86% increase from $840,000 in 2017 to $1,200,000 as of June 2021, while the HouGarden AVM estimates it at $1,117,500. The latest sales history shows a significant jump from $232,000 in 2001 to $462,000 in 2011, indicating a promising investment opportunity.
For families with school-aged children, the property falls within the zones of Sancta Maria College (decile 7) and Edgewater College (decile 2), among others, ensuring access to quality education. This address not only promises convenience with its proximity to amenities, public transport, and SH1 Motorway, but also potential for subdivision (subject to council approval), making it an attractive prospect for developers, land bankers, and home enthusiasts looking to renovate or rebuild their dream home.
With such a robust combination of location, potential, and investment returns, this property invites you to unlock its hidden treasure and develop its potential to its fullest.
Updated on May 28, 2024