257 Sandringham Road, Sandringham, Auckland

Nestled on a prime corner site along Sandringham Road, this 1940s two-bedroom, one-bathroom residence with a single carpark presents a captivating opportunity for developers, investors, and homebuyers alike. Titled as a Freehold, the property boasts a floor area of 77sqm and a generous land area of 534sqm. The exterior is crafted from mixed materials, while the roof is constructed with tiles. Notably, the property's Capital Value (CV) has seen a substantial increase of 54.02% from $1,120,000 in 2017 to $1,725,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,650,000, while the latest sales history shows a significant leap from $198,400 in 2008. This strategically located property is within easy reach of top-rated schools, including Mt Albert Grammar School (Decile 7) and Balmoral School (Decile 9), making it an ideal choice for families.

With a desirable school zone and a promising CV growth trajectory, this property holds immense potential. It's situated in the highly sought-after zones of Mt Albert School (Decile 6), Kowhai Intermediate School (Decile 7), and Auckland Girls' Grammar School (Decile 3), among others. The location offers convenient access to public transport, motorways, shopping, and entertainment hubs like Westfield St Luke's, while also being in close proximity to recreational spaces such as Eden Park and Gribblehurst Park.

Whether you're looking to secure a prime piece of real estate for future appreciation or are eager to embark on a redevelopment journey, this property is a golden opportunity that's not to be missed.

Updated on April 11, 2024