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5 Richards Ave

Forrest Hill Auckland

3
1
1
110 m²
1298 m²
House
Currently for sale - view listing

Overview

1,298m² Opportunity in Forrest Hill

Set on an impressive 1,298m² site in a highly desirable Forrest Hill location, this property offers exciting possibilities for developers, investors and land bankers. Zoned Residential - Mixed Housing Suburban, the level-to-gently-contoured section features wide road frontage, with council stormwater reportedly available nearby. The existing 1950s home is tidy and well maintained, offering three spacious bedrooms, a sunny living area, a practical kitchen and bathroom, separate laundry and basement garaging. Generous off-street parking provides additional space for cars, a boat or caravan. Enjoy a convenient location just a short drive from Milford Mall, local shops and the beach, with access to sought-after North Shore schools. Renovate and rent out the existing home, secure the property as a long-term landholding, or investigate its future redevelopment potential. With a large neighbouring development site and continued growth in the surrounding area, opportunities of this scale are increasingly hard to find. All development possibilities are subject to Auckland Council approval. Buyers are encouraged to complete their own due diligence.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
110 m² floor area
1298 m² lot size
House

Property history for 5 Richards Ave

2021
Sold
$3,510,000
13 Mar 2021 by Jim Liu, of Barfoot & Thompson - Northcote

Happy sellers in Forrest Hill

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

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

This is based on voluntary sentiment collected from 85 reviews in Forrest Hill over the last 12 months.

Local market activity for 3 bedroom houses in Forrest Hill

In the last 12 months, 57 three-bedroom houses similar to 5 Richards Ave, have been sold.

This represents a 2% decrease in three-bedroom houses sales when compared to the previous 12 months.

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