20 Gilfillan Street, Blockhouse Bay, Auckland

Located at 20 Gilfillan Street, Blockhouse Bay, Auckland - City, this residential vacant property stands as a testament to absolute prime real estate in the heart of the popular Blockhouse Bay Village. With no specified number of bedrooms, bathrooms, or car parks, and a floor area of 0, the property spans over a freehold land area of 1211 square meters. Despite the unknown details regarding the roof and wall construction, as well as their conditions, the property's level contour underlines its potential. It's a unique opportunity for those dreaming of building a family home, considering land banking, or exploring further intensive development options in the Mixed Housing Urban Zone, thanks to its stunning sweeping views of the Manukau harbour and beyond.

From a financial perspective, the property has seen a significant increase in capital value, from $1,485,000 on July 1, 2017, to $2,000,000 on June 1, 2021, marking a 34.68% rise. The HouGarden AVM estimates its value at $1,965,000. Its sale history reveals a dramatic leap from a $28,000 sale on November 15, 1981, to a $1,700,000 sale on February 11, 2024, showcasing the property's escalating market value.

The property is located within excellent school zones, offering a wonderful Kiwi lifestyle in a sought-after suburb. It falls under the zones for Blockhouse Bay Primary (decile 7), Blockhouse Bay Intermediate (decile 5), Lynfield College (decile 6), and Green Bay High School (decile 8). This location is perfect for families, being just 300 meters from the village center, close to cafes, shops, beach, and bush walks, and within walking distance to the highly regarded Blockhouse Bay Primary. The area is well-served by local amenities and convenient public transport to the CBD and New Lynn, making it an ideal spot for homeowners, landbankers, and developers alike.