Nestled in the heart of Pukekohe, this 116 sqm residential property on a vast 1017 sqm section presents a unique opportunity for developers or investors. Constructed in 1922, the home boasts a solid wood exterior, an iron roof in good condition, and is set on a level contour. It's a freehold property with a rich history, still featuring the original coal range from the 1920s. The capital value has seen a remarkable increase of 56%, from $590,000 in 2017 to $920,000 as of June 2021. The HouGarden AVM estimates the property's worth at $882,500, while the latest sale on September 13, 2024, was at $835,000. This prime location is not only convenient, being across from Pak'nSave and near Bledisloe Park, but also boasts an excellent school network. Pukekohe Hill School, Pukekohe Intermediate, and Pukekohe High School, all with good decile ratings, are within walking distance.
With potential for renovation or redevelopment, this property is indeed a golden opportunity in a sought-after area.
Prime for development, it's a chance to transform a generous section into something truly exceptional.
Updated on October 23, 2024