Nestled on a steep rise at 32 Kennedy Road, Surfdale, Auckland, this freehold property presents a Residential - Vacant category with vast potential. The site, with unknown roof and wall construction, slopes up from the road, offering a potential build site at the rear that could capture picturesque views. It's a prime location, just a short stroll from the vibrant shops, cafes, and the local beach, while also being within walking distance of both primary and high schools. Commuting is a breeze with the two ferry terminals at Kennedy Point and Matiatia, and the convenience of a bus stop at the street's end. The property's capital value has seen a significant increase from $610,000 in 2017 to $780,000 as of June 2021, reflecting a growth of 27.86%. The HouGarden AVM estimates the property's value at $750,000, making it a summer section that's not just a piece of land but a golden opportunity.
With a CV increase that outpaces the norm, this property is a sound investment. The recent rise in capital value underscores the demand for such centrally located, freehold sections in the area. Its potential is only matched by its convenience, making it an attractive prospect for any buyer with a vision and an architect at hand.
For families with school-aged children, the property falls within a highly regarded school zone. The local primary and high schools are well-rated, ensuring access to quality education. This combination of location, potential, and educational opportunities makes this section a rare find indeed.
Updated on April 23, 2024