Nestled on a serene cul-de-sac at 6a Hauraki Crescent, Pinehill, Auckland, this vacant residential section boasts a freehold title and a land area of 354sqm. With potential for breathtaking sea views over the Coromandel and Whangaparaoa peninsulas, it's a gem in the highly esteemed Rangitoto College zone. The section includes council-consented plans for a 4-bedroom home, with services already laid and an approved subdivision. The asking price of $949,000 presents a unique opportunity, especially considering the property's CV of $725,000 as of June 2021 and a HouGarden AVM of $720,000. The latest sale in September 2024 was for $848,000, indicating a significant capital value increase. This prime location is not only within walking distance to top-rated schools like Rangitoto College, Northcross Intermediate, and Pinehill School, but also conveniently close to East Coast Bays beaches, shopping centers, and transport links.
History shows a promising trend with the property's capital value on the rise, while the site's potential for development or customization makes it an attractive investment. The section's north-facing aspect promises stunning sunrises over the Hauraki Gulf, adding to the appeal of this exclusive property in a sought-after area.
For families with educational priorities, the property falls within the catchment area of some of the best schools in the region, including decile 10 institutions such as Long Bay College, Northcross Intermediate, Pinehill School, and Murrays Bay Intermediate. This combination of location, potential, and educational opportunities is truly hard to find.
Updated on November 06, 2024