Nestled in the serene Te Atatu Peninsula, a prime location in Auckland's Waitakere, 9 Clinton Avenue presents a remarkable opportunity on a freehold site. This vacant land, spanning 1126 square meters, is host to a bungalow from the 1920s with fair condition fibrous cement walls and iron roofing. The property boasts 5 bedrooms and a carpark, with a floor area of 132 square meters. The site's potential is further enhanced by its THAB Zone status, allowing for subdivision possibilities. The capital value has seen a substantial increase from $1,035,000 in 2017 to $1,605,000 as of 2021, reflecting a growth of 55.07%. The HouGarden AVM estimates the property's worth at $1,495,000, while the latest sales history shows transactions at $380,000 in 2011 and $390,000 in 2007.
For families, the property falls within the decile 6 Te Atatu Intermediate, decile 5 Peninsula Primary School, and Rutherford College for secondary education. St Paul's School in Massey, a contributing school with a decile rating of 4, is also in the vicinity. This address not only promises a quality education for your children but also a sound investment in a rapidly appreciating area.
Are you ready to embark on a journey to create your dream home or pursue a visionary project? This is your chance to set sail in a quiet cul-de-sac and transform this prime land into a treasure.
Updated on May 24, 2024