Embrace the potential of this prime vacant section in the heart of Orakei, Auckland. Set on a level 466m2, this freehold property at 109a Coates Avenue boasts an impressive CV growth of 40.625% from $1,280,000 in 2017 to $1,800,000 as of June 2021. The HouGarden AVM estimates it at $1,675,000. This is a perfect opportunity to construct your dream home, with services ready and a versatile access, all while enjoying breathtaking north-facing water views. The location is zoned for mixed housing urban, allowing for a build up to 11 meters (3 stories). Adding to its allure, the property falls within the decile 9 Baradene College and decile 4 Orakei School zones, ensuring top-notch education for the family. Whether you seek a luxurious family home or a strategic investment, this land presents endless possibilities in a prestigious neighborhood.
Key property highlights include a prime location, fee simple title, generous road frontage, and motivated vendor circumstances, making it an unmissable chance to create a bespoke residence in a sought-after area.
With a solid history of property value growth and a promising future, this is your canvas for future success in the Orakei suburb.
Updated on July 10, 2024