Nestled on a level 801m2 section at 21 Dinning Road, Riverhead, this vacant residential property boasts a freehold title, offering potential developers or home builders a blank canvas to realize their dreams. With unknown specifics regarding the wall and roof construction, this property presents an intriguing project to uncover. Since 2017, the Capital Value has seen a substantial increase of 65.38%, reaching $1,075,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,047,500, closely aligning with the latest sale price of $1,020,000 in July 2022. Educationally, the property falls within the zones of Massey High School (Decile 4), the highly rated Riverhead School (Decile 9), and St Paul's School (Massey) - all within easy reach for a quality education.
Located in a quiet cul-de-sac, the property is a mere 15 minutes from Westgate Shopping Centre and Costco, 20 minutes to Albany Westfield, and 30 minutes from Auckland's bustling city center, making it an ideal blend of tranquility and convenience. This is a golden opportunity to not only invest in a rapidly appreciating asset but also secure a lifestyle that's second to none.
With the esteemed Riverhead School less than 2km away, this property is perfect for families looking to settle in a reputable school zone. The deadline for offers is August 27, 2024, unless sold prior. Explore the potential of 21 Dinning Road and take the first step towards the lifestyle you've always wanted.
Updated on August 19, 2024