Nestled in the serene cul-de-sac of Blockhouse Bay, Auckland, lies this inviting freehold property, a golden opportunity for potential buyers. The property boasts 3 bedrooms and is set on a generous 495m2 section with an unknown roof and wall construction, ready for your inspection. The site enjoys an easy/moderate fall contour, enhancing its potential for development. With a recent Capital Value (CV) of $670,000 as of June 2021, it has shown a steady growth of 4.69% from its previous CV of $640,000 in July 2017.
Esteemed educational institutions are within reach, including Glenavon School (Decile 1, Full Primary), Blockhouse Bay Intermediate (Decile 5), Chaucer School (Decile 4), and Lynfield College (Decile 6, Secondary). The property is not only in a prime school zone but also has a HouGarden AVM of $650,000, with the latest sale recorded at $1,350,000 on 29th July 2024. This sunny rear site is a rare find, convenient to local amenities, and a short walk to the village, making it an ideal investment for the future.
Secure this section at a fantastic price in a location where land is scarce and values are on the rise. Don't miss the chance to explore the possibilities with your builder and seize this opportunity that our motivated vendor is eager to let go.
Updated on August 14, 2024