Nestled in the serene New Windsor, Auckland, 9 Mulgan Street presents a remarkable opportunity on a vast 1269m2 land. This freehold property, built in 1964, features a charming three-bedroom cottage with a fair iron roof and average wooden walls. The spacious interior, with a floor area of 98m2, is complemented by a tranquil environment that's perfect for families, investors, or developers. The property has seen a significant Capital Value (CV) increase of 52.17% from $1,150,000 in 2017 to $1,750,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,625,000, while the latest sales were recorded at $1,250,000 in 2015 and $875,000 in 2014. Educationally, the property falls within the zones of Blockhouse Bay Intermediate (Decile 5), New Windsor School (Decile 4), and Lynfield College (Decile 6), ensuring quality education for the family.
With potential for subdivision or development (STCA), this property in the mixed housing suburban zone is a golden investment for the future. The location provides a harmonious blend of peace and convenience, with easy access to amenities, parks, and transport. Don't miss the chance to explore the possibilities at 9 Mulgan Street – a rare gem in Auckland's thriving property market.
Updated on May 10, 2024