Back 41 Jesmond Road
Off Market

41 Jesmond Road

Karaka Auckland

10.21 ha.
Land
Ian BuchananIan Buchanan, last sold this property on 06 March 2023 after 99 days on market.

Overview

10.2ha of Future Urban zoned land (residential)

• Jesmond and Karaka Roads to become a major high-profile intersection • Just a few kilometres away from Fisher & Paykels recent purchase of 104ha • Opposite Drury West rail-station and accessways • Benefit from the Governments investment into infrastructure for the area This property offers a developer, investor and land banker a fantastic opportunity to buy a significant piece of land in one of the fastest growing areas of Auckland and Jesmond Road to become a major intersection bringing with it a wide range of subdivision and add-value opportunities. Situated in a highly sought-after and fast-growing area with major developments at various stages of completion. Drury South Industrial Park, Kiwi Properties proposed shopping centre, Fisher & Paykel's planned research and development centre and campus. All the experts agree finding large parcels of development land in high-growth areas is getting harder and harder.

Features

10.21 ha. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Karaka over the last 12 months, the estimated median property value of 41 Jesmond Road is $2.18m.

Median value
$2.18m
Estimated value range
$2.18m - $2.18m
Median days on market
139
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Karaka. 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 41 Jesmond Road

2023
Sold
Undisclosed
Private Sale/Treaty on 06 Mar 2023 by Ian Buchanan, of Bayleys Real Estate Ltd (Pukekohe)

Happy sellers in Karaka

58%
58% of sellers in Karaka reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 89 reviews in Karaka over the last 12 months.

Local market activity for land plots in Karaka

In the last 12 months, 5 land plots similar to 41 Jesmond Road, have been sold.

This represents a 150% decrease in land plots sales when compared to the previous 12 months.

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