64 Vodanovich Road, Te Atatu South, Auckland - Waitakere

Located at 64 Vodanovich Road, Te Atatu South, Auckland - Waitakere, this freehold property spans approximately 766m2 and is zoned for mixed housing urban development. Built in 1965, the residence features 3 spacious bedrooms, a well-appointed bathroom plus a separate toilet, and accommodates 2 cars. The exterior boasts wood construction with a tile roof, both in fair to average condition, and sits on an easy/moderate rise contour. This property, categorized under Residential - Vacant land multiple housing, presents a unique opportunity for developers, builders, first home buyers, investors, and land-bankers.

From a valuation perspective, the capital value has seen a significant increase from $720,000 in July 2017 to $1,405,000 in June 2021, marking a 95.14% growth. The HouGarden AVM estimates its value at $1,382,500. Historically, the property was sold for $510,000 in September 2013 and most recently for $1,100,000 in December 2023. This demonstrates a robust appreciation in value, highlighting its investment potential. The owner has also drafted a proposed concept plan for 5 stand-alone houses, subject to council approval, further underlining the property's development potential.

Education is well catered for, with the property being in zone for Rangeview Intermediate and Rutherford College, both offering quality learning environments with decile ratings of 4 and 5, respectively. Additionally, Edmonton Primary and St Paul's School (Massey) are nearby, making this an ideal location for families. Its proximity to parks, Te Atatu South shops, schools, motorway access, West City Mall, West Wave, and Trust Stadium adds to the appeal of this prime piece of real estate.