Introducing a unique opportunity at 32 Camp Road, Mount Wellington, Auckland - City, this property presents a blank canvas for your 2024 vision. A rare find for developers, savvy investors, or those looking to secure a future reward, this property has been introduced to the market for the first time in 66 years. The owner, committed to moving to a retirement village, has made it clear this property must be sold. Zoned Residential Terrace and Apartments under the Unitary plan (subject to Council consent), this 1090 square meters of north-facing level land is a golden opportunity for all astute buyers. The well-maintained solid weatherboard bungalow, built in 1958, offers plenty of space for cars, children, gardens, or those looking for a project to upgrade or extend. With 3 bedrooms, a floor area of 115 square meters, and situated on a freehold title, the property's potential is immense. The exterior features wood construction with an average condition wall and an iron roof in average condition as well. Located within walking distance to public transport, close to Sylvia Park, and with easy motorway access, the opportunities here are endless. High motivation to sell makes this a must-see. Open Home Saturday and Sunday 1pm to 1.30pm.
The property's capital value has seen a significant increase, from $980,000 on July 1, 2017, to $1,800,000 on June 1, 2021, marking an 83.67% growth. The HouGarden AVM estimates the property's value at $1,725,000. This rapid appreciation highlights the property's investment potential and the opportunity for capital growth.
Situated in the Otahuhu College school zone, which is a Secondary (Year 9-15) school with a decile rating of 1, this property offers educational opportunities in a low-decile community. The location and school zone add to the property's appeal for families and investors alike.
Updated on April 05, 2024.