Nestled in the serene cul-de-sac of 20 Baker Place, Onehunga, Auckland, this freehold property boasts a capital value that has skyrocketed by 82.65% from $1,095,000 in 2017 to $2,000,000 in 2021. Constructed in 1950 with roughcast walls and tiled roof, this 102sqm residential vacant land is primed for development with its 3 bedrooms and Level contour. The property, with a HouGarden AVM of $1,827,500, presents a THAB-ulous opportunity in the heart of Onehunga, with potential for investors and developers alike. Its strategic location, zoned for high-decile schools such as Baradene College (Decile 9) and Royal Oak School (Decile 8), adds to its allure.
With a property category designated for multiple housing, this 703sqm site offers a unique proposition for those seeking to capitalize on the THAB zoning, providing unbeatable convenience with dual driveways and proximity to transport links and shopping malls. The chance to add value or create a personalized haven in a prime location should not be missed.
Educationally endowed, the property falls within the catchment area of esteemed schools, including Royal Oak Intermediate School (Decile 2) and Onehunga High School (Decile 3), making it an ideal choice for families. This is not just a property; it's an opportunity to secure a slice of rapidly appreciating real estate in a highly sought-after area.
Updated on December 03, 2024