Nestled in the esteemed Westlake School Zone on 6a View Road, Wairau Valley, this expansive residential property boasts 6 bedrooms and 2 car parks, with a floor area of 255sqm and a generous land area of 1138sqm. It is a freehold property with a mix of wood and iron construction for both walls and roof. The property, which enjoys an easy to moderate rise contour, has a current Capital Value (CV) of $1,850,000 as of June 2021, demonstrating a 33.09% increase from its $1,390,000 CV in July 2017. The HouGarden AVM estimates the property's value at $1,609,500, while the latest sale was recorded in 2007 for $725,000.
With a RESOURCE CONSENT already in place for 6 new terrace elevated houses, this property presents a golden opportunity for developers and builders. The current RC and BC documents can facilitate swift planning and construction. The proposed development includes 3 two-level freehold terrace homes and 3 three-level freehold terrace homes, each thoughtfully designed to cater to different family needs. The property's location not only offers prime educational options with schools like Glenfield Primary (Decile 5), Westlake Boys' and Girls' High Schools (both Decile 9), and Glenfield Intermediate (Decile 6), but also boasts serene views across the Wairau valley.
Whether you choose to build according to the existing plans or start a project from scratch, this property in a quiet cul-de-sac is a developer's or builder's dream, especially within the highly sought-after Westlake school zone.
Updated on October 22, 2024