Nestled on a level plot at 183 Campbell Road, Greenlane, Auckland, this residential vacant land holds great potential for multiple housing. The freehold property, built in 1950, features fibrous cement walls and an iron roof, both in average condition. It spans across 1012 square meters with a floor area of 155 square meters. The property has seen a significant Capital Value increase of 57%, from $1,800,000 in 2017 to $2,825,000 as of 2021. The latest sales were recorded at $2,861,000 in 2024 and $2,000,000 in 2020, while the HouGarden AVM estimates it at $2,842,500.
For families with school-aged children, the property falls within the zones of Baradene College (Decile 9), Remuera Intermediate (Decile 8), Oranga School (Decile 3), and One Tree Hill College (Decile 3). The location is not only convenient for education but also for amenities, with easy access to shops, supermarkets, medical centers, public transport, and motorways, as well as the serene Cornwall Park nearby.
Currently, the property boasts a spacious three-bedroom bungalow with ample living spaces, a lounge with a Kent fireplace, a large dining room, and a kitchen. It enjoys indoor-outdoor flow to a sunny front balcony, has separate toilet and bathroom facilities, a laundry room, two parking spaces, and a single garage. This is a superb opportunity for a family looking for a comfortable home in a prime location.
Updated on September 18, 2024