305 Don Buck Road, Massey, Auckland - Waitakere

Nestled on a spacious 1260sqm of freehold land, this residential property at 305 Don Buck Road, Massey, Auckland, is a prime opportunity for developers. Constructed in 1968 with wood exterior walls and tiled roofing, the existing 3-bedroom house, though fire damaged, presents a potential do-up project. The property, with a floor area of 170sqm, is situated in a quiet cul-de-sac with a steep fall contour, ensuring privacy and views. Notably, the capital value has seen a significant increase of 113.84% from $740,000 in 2017 to $1,575,000 as of 2021, showcasing the property's investment potential. The latest sale in the area was recorded at $869,125, while the HouGarden AVM estimates the property's worth at $1,562,500.

With a CV increase that outpaces the market average, this property is not only a great development opportunity but also a wise land banking choice. It boasts easy development rectangular layout, storm water connection on-site, and a nearby public road for waste water connection. It's a no flood zone, adding to the appeal of this mixed housing urban property with approximately 22m of road frontage.

For families, the property falls within the zones of Massey Primary School (Decile 3), Massey High School (Decile 4), and St Paul's School (Massey) (Decile 4), offering a range of educational options for children of different ages.

Updated on November 06, 2024