Back 1 & 2/3 Cheryl Place
Off Market

1 & 2/3 Cheryl Place

Hillcrest Auckland

4
2
4
House
Punish BudhirajaPunish Budhiraja, last sold this property on 21 May 2026 after 50 days on market.

Overview

Dual-Income Opportunity in Double Westlake Zon...

Secure a development site with approx. $1,300 per week return Set on an elevated 713sqm (approx.) freehold site, well outside the flood zone, this is an exceptional opportunity for developers, investors, land bankers — and savvy home buyers alike. With Mixed Housing Suburban zoning and services already on site, the property offers exciting future potential, subject to council approval. Adding immediate appeal are two separate dwellings, each comprising 2 bedrooms, 1 bathroom, and a lock-up garage. Together they deliver a strong combined rental return estimated at approximately $1,300 per week — providing solid income while you plan your next move. Flexible Living for Home Buyers This property isn’t just about future gains — it offers smart living options today: • Move into 1/3 Cheryl, a newly renovated home offering a quality lifestyle • Rent out the second for additional income • Enjoy the space, hold long-term, and benefit from capital growth • Land bank for future development potential Whether you're looking to offset your mortgage, create a multi-generational setup, or secure a foothold in a premium location, this is a rare chance to do it all. Prime Location: Positioned in the highly sought-after zones for Westlake Boys' High School and Westlake Girls' High School, and just moments from motorway access, shopping, cafés, and everyday amenities — this is a location with proven and enduring demand. Key Features: • Elevated 713sqm (approx.) freehold site • Well outside the flood zone • Mixed Housing Suburban zoning • Services on site • Two separate dwellings on separate title • Each dwelling offers 2 bedrooms, 1 bathroom, and lock-up garage • Estimated combined rental return of approx. $1,300 per week • In double Westlake school zones • Close to motorway access, shops, and cafés • Excellent hold, develop, or land-bank opportunity Call now for more information and secure this opportunity before it’s gone.

Features

4 bedrooms
2 bathrooms
4 carspaces
2 carport spaces
2 garage spaces
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Hillcrest over the last 12 months, the estimated median property value of 1 & 2/3 Cheryl Place is $1.39m.

Median value
$1.39m
Estimated value range
$0.01 - $1.83m
Median days on market
34
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Hillcrest. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 & 2/3 Cheryl Place

2026
Sold
21 May 2026 by Punish Budhiraja, of Barfoot & Thompson - Albany

Happy sellers in Hillcrest

72%
72% of sellers in Hillcrest reported that their sale price either exceeded or met their price expectations.

Hillcrest stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 84 reviews in Hillcrest over the last 12 months.

Local market activity for 4 bedroom houses in Hillcrest

In the last 12 months, 58 four-bedroom houses similar to 1 & 2/3 Cheryl Place, have been sold.

This represents a 137% decrease in four-bedroom houses sales when compared to the previous 12 months.

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