Nestled in the serene West Harbour of Auckland, 11 Trengove Place presents a prime vacant residential lot on a freehold title. This 688sqm property with an unknown roof and wall construction is a golden opportunity for your next investment or development project. Enjoying an easy/moderate rise contour, the wide road frontage is zoned as Mixed Housing Urban, all services on-site, and ample off-street parking. The current government capital value of $1,175,000 reflects a 54.61% increase since 2017, with the HouGarden AVM estimating a similar value. The property's latest sales history includes transactions in 2023 and 2024, with prices indicating a cost-effective investment prospect. Located in a desirable school zone, West Harbour School (Full Primary, Decile 2), Massey High School (Secondary, Decile 4), and St Paul's School (Contributing, Decile 4) are within reach. This is not just land; it's a promise of a prosperous future in a rapidly developing area.
Boasting a strategic location with convenient access to shops, public transport, and the North West Shopping Centre, this property is perfect for investors seeking value appreciation. The existing solid home requires minimal maintenance and offers a practical, spacious layout with 3 bedrooms. Don't miss the chance to secure this attractive package that promises immediate returns and long-term value. Act fast to explore the development potential under the Auckland Unitary Plan.
With newly developed homes in the area selling at record prices, this is a wise investment in a location that holds great promise for the future. The combination of a thriving community, excellent schools, and development-friendly zoning makes this a must-see property. Be the first to secure this prime piece of West Harbour land and capitalize on a multitude of options for your architectural vision.
Updated on August 14, 2024