Nestled in the serene Unsworth Heights, 36 Meadowood Drive presents a captivating residential opportunity on a Freehold land of 609sqm. This 1985-built home with a Fibrous Cement exterior and Tile roofing boasts 4 bedrooms, 2 bathrooms, and 2 car parks, alongside a generous floor area of 140sqm. The property, in a good condition both in walls and roof, is set on a contour with an easy/moderate rise, making it an ideal canvas for renovation or development. The Capital Value has seen a significant increase from $870,000 in 2017 to $1,050,000 as of 2021, reflecting a growth of 20.69%. The HouGarden AVM estimates the property's worth at $1,057,500, while the latest sale history dates back to 1990 at $127,000. This home is in the zone for Target Road School (Decile 6), Albany Senior High School (Decile 10), and Albany Junior High School (Decile 10), ensuring top-notch education for the family.
With a prime location, offering easy access to motorways and public transport, this property invites developers, investors, and builders to seize the potential for renovation or to utilize the existing Resource Consent for demolition and rebuilding. The current layout provides ample space for a large family or the flexibility to create separate living areas, ideal for extended family, flatmates, or even as a holiday rental. The auction, brought forward to 5:00pm on Wednesday 28th August, is set to unveil this golden opportunity to those with a vision for transformation.
Located in a highly sought-after school zone, this property not only promises a sound investment but also a quality education for the children. With the potential for further value appreciation and the convenience of nearby amenities, 36 Meadowood Drive is a home that combines the best of community, comfort, and future prospects.
Updated on September 03, 2024