Nestled in the heart of Greenlane, this 3-bedroom, 1-garage property on 809 sqm of freehold land is a gem. Constructed in the early 20th century with wood walls and iron roof, both in good condition, it's zoned for Residential - Vacant land multiple housing. The capital value has seen an impressive increase of 82.22% from $2,250,000 in 2017 to $4,100,000 as of June 2021. The HouGarden AVM estimates it at $3,997,500, making it an attractive investment opportunity.
With a prime location in the Double Grammar Schools Zone, it's close to Auckland Grammar, Epsom Girls' Grammar School, Baradene College, Remuera Intermediate, and Cornwall Park District School - all top-rated educational institutions. This property is not just a home; it's a potential goldmine for investors, developers, or those looking to renovate and create their dream space.
Set in a quiet cul-de-sac, it's mere steps away from Woolworths and the serene Cornwall Park. With easy access to public transport and motorways, this property is a future investment that's hard to beat. Whether you choose to renovate the existing home or explore new development possibilities, the potential here is immense. Don't let this opportunity slip through your fingers!
Updated on September 02, 2024