Nestled in the pleasant family-friendly cul-de-sac of Fitzgerald Road, this 784m2 freehold property in Mount Wellington, Auckland, boasts a spacious 2-bedroom standalone home. Constructed in 1950 with brick walls and an iron roof, both in average condition, this residential-vacant land is zoned for Mixed Housing Urban. The property, with a floor area of 119m2, offers ample off-street parking and a sizeable double garage. Notably, the vendor is offering a $10,000 furniture package to the new owner, adding to the appeal of this entry-level property. The capital value has seen a significant increase of 27.91% from $860,000 in 2017 to $1,100,000 as of June 2021. The latest sale was recorded on February 12, 2021, at $925,000, while the HouGarden AVM estimates the property's value at $1,072,500.
For families with school-aged children, the property falls within the zones of highly regarded Baradene College (decile 9) for secondary education, One Tree Hill College (decile 3) and Bailey Road School (decile 3) for primary education. This is an ideal opportunity for developers, land bankers, and homebuyers looking to capitalize on a prime location with potential for future development, or for homeowners seeking a property with potential to add personal touches and updates.
Conveniently located, the property provides easy access to main arterial roads, SH1, and public transport. It is mere minutes away from the Sylvia Park Shopping Centre, Penrose and Sylvia Park train stations, and a short drive to Ellerslie and Lunn Ave shops, as well as Panmure's picturesque basin and recreational trails.
Updated on August 15, 2024