162 Triangle Road, Massey, Auckland - Waitakere

Located at 162 Triangle Road, Massey, Auckland - Waitakere, this property presents a golden opportunity for developers, offering the potential to develop up to 12 sites with resource consent due mid-September. The property is categorized as 'Residential - Bare block' and sits on a level contour with a substantial land area of 7742 square meters. Despite the unknown details regarding bedrooms, bathrooms, floor area, roof, and wall constructions, the freehold ownership ensures full rights over the property.

From a financial perspective, the property has seen significant growth in capital value, escalating from $1,725,000 in July 2017 to $3,100,000 in June 2021, marking a 79.71% increase. The HouGarden AVM estimates its value at $2,970,000. Its sale history further underscores its value, with the latest transaction at $2,000,000 on February 15, 2024, a substantial increase from its $235,000 sale in April 2004.

The property falls within the zone for Massey High School and St Paul's School (Massey), both of which have a decile rating of 4. This location offers educational opportunities in both secondary (Year 9-15) and contributing school categories, making it an attractive option for families.

Updated on April 04, 2024.