25 Tiverton Road, Avondale, Auckland

Nestled in a serene cul-de-sac at 25 Tiverton Road, Avondale, Auckland, this residential vacant land with multiple housing potential boasts a freehold title. The 1951-built property features 3 bedrooms, a floor area of 140sqm, and is set on a generous 811sqm section. The exterior walls are constructed of brick in average condition, while the roof is tiled and also in average condition. The property has an easy to moderate fall contour, offering a world of possibilities for development or subdivision, subject to council approval. Notably, the capital value has surged by 100% from $875,000 in July 2017 to $1,750,000 as of June 2021, showcasing a rapid increase in value. The latest sales were recorded at $220,000 in November 2001 and February 1998, with the current HouGarden AVM estimating the property's worth at $1,675,000.

For families, the property is zoned for excellent schools, including Avondale College (Secondary, Decile 4) and Glenavon School (Full Primary, Decile 1), ensuring top-notch education for the kids. This is a perfect opportunity for those seeking a do-up project or a development venture, with substantial potential and centrally located for easy access to motorways and public transport.

With the vendors renting due to their job location and eager to sell, this rare chance is not to be missed. The existing 3-bedroom, 1.5-bathroom 1950s brick home awaits a skilled touch to unlock its renovation potential, while the extra-large rumpus room downstairs offers ample space for storage, a workshop, or creative endeavors. Act now and seize this exceptional opportunity!

Updated on October 08, 2024