SoldMar 13, 2021

5 Richards Ave, Forrest Hill, Auckland

$3,510,000

3
1
1
1298 m²

House

30+ days on the market

Sold: Mar 13, 2021

What's around 5 Richards Ave

1298 m2 Prime development site

Located a few minutes' drive from Milford Mall, shops and beach, in zone for highly sought-after Campbells Bay Primary, Takapuna Normal Intermediate, Westlake Boys and Girls Colleges. This is an "absolute gem of a property" that will have wide appeal to developers and investors in particular. · Zoning: "Residential Mixed Housing Suburban" · 1298 m2 Level to gentle contour with wide road frontage · Access to council stormwater nearby and other services · This is an absolute Prime development site. Backing onto a large development site, the original 1950's family home enjoys sunny & well-established surroundings. With a neat, clean, and tidy interior, comprising of three spacious bedrooms, a sunny lounge, practical kitchen & bathroom, and a separate laundry as well as a basement garage. Ample off-street parking for cars, caravan, or a boat. An upgrade of the property will generate an excellent rental income while you consider your options - rent out or land bank for the future. It opens up a fantastic opportunity for astute purchasers to maximize their investment. With the redevelopment of this area, properties such as this are rare, so be quick to grab this opportunity.

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