Embrace this exclusive property located at 51 Fitzwater Place, a tranquil freehold site in the esteemed Henderson, Auckland. This 123sqm residential-vacant land with a 4-bedroom, 1-carpark existing structure, built in 1979 with iron roofing and fibrous cement walls in good condition, offers a versatile development canvas. The site, with an easy/moderate rise contour, has a current Capital Value (CV) of $1,175,000, marking a 57.7% increase since 2017, and is valued at $1,125,000 by HouGarden AVM. The latest sale history includes a transaction at $900,000 in 2021 and $328,000 in 2006. This property is not just about the numbers; it's about the potential, being in the decile 2 and 3 school zones of Bruce McLaren Intermediate and Waitakere College, and Henderson Intermediate, with Western Heights School nearby, offering a sound educational foundation for families.
With resource consent secured for two additional 4-bedroom houses, this property presents a golden opportunity for developers. The existing comfortable residence could be retained for immediate occupancy or rental, or one could start fresh, capitalizing on the prime location and growing demand for quality housing. The generous 999sqm plot provides ample space for creative development, supported by convenient infrastructure like nearby storm water and waste water connections. This is not just land; it's a gateway to a thriving community with Henderson Park and amenities in close proximity, making it an ideal blend of lifestyle and investment.
For families with an eye on education, this property is zoned for schools with a strong reputation. Western Heights School, with a decile rating of 7, ensures a high-quality primary education, while Waitakere College and Henderson Intermediate cater to secondary and intermediate levels respectively. Be part of a transformative project in a flourishing neighborhood, where the opportunity knocks loud for those seeking a sound real estate investment.
Updated on May 02, 2024