1,298m² Opportunity in Forrest Hill
Listed 14 Sep
5 Richards Avenue, Forrest Hill, North Shore City, Auckland
Price by negotiation
Details
- Floor Area
- 110m²
- Land area
- 1298m²
- Parking
- 1 garage spaces
- Broadband
- ADSL, Fibre, Satellite, Wireless
- Capital value (CV)
- $3,025,000
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.
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Local Schools
- CAMPBELLS BAY SCHOOL77 Aberdeen RoadRoll: 855
- WAIRAU INTERMEDIATEBecroft DriveRoll: 345
- FORREST HILL SCHOOL50 Forrest Hill RoadRoll: 502
- WESTLAKE BOYS HIGH SCHOOLForrest Hill RoadRoll: 2778
- WESTLAKE GIRLS' HIGH SCHOOL2 Wairau RoadRoll: 2297
- TAKAPUNA NORMAL INTERMEDIATE26 Northcote RoadRoll: 730
- HAPPY KIDS AT HOME CHILDCARE4 Kenmure AveRoll: 78
- PEEKABOO CHILDCARE FORREST HILL2 Marsh AvenueRoll: 73
- SMOOCHIE MCGILL EARLY LEARNING2 Santa Rosa TerraceRoll: 30
- WESTLAKE FORREST HILL KINDERGARTENTiber RoadRoll: 51
- SUNNYNOOK COMMUNITY EARLY LEARNING148 Sycamore DriveRoll: 27
- MILFORD SCHOOL (AUCKLAND)34 Shakespeare RoadRoll: 580
- SUNNYNOOK SCHOOLLyford CrescentRoll: 507
- CARMEL COLLEGE108 Shakespeare RoadRoll: 1102
- TARGET ROAD SCHOOL80 Target RoadRoll: 466
- MAIRANGI BAY SCHOOL13 Agathis AvenueRoll: 486
- GLENFIELD INTERMEDIATE138 Chivalry RoadRoll: 445
- ST JOHN'S SCHOOL (MAIRANGI BAY)87A Penzance RoadRoll: 320
- TKKM O TE RAKI PAEWHENUA7 Ceres CourtRoll: 145
- SUMMIT POINT SCHOOL1 Fred Thomas DriveRoll: 37
- MURRAYS BAY INTERMEDIATESunrise AvenueRoll: 1124
- RANGITOTO COLLEGE564 East Coast RoadRoll: 4189
- ROSMINI COLLEGE36 Dominion StreetRoll: 1208
- FUTURE SCHOOL2 Sanders AveRoll: 73
Location info
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Property insights
HomesEstimate
- Updated
- October 15, 2026
- Estimated value
- $2.51M - $2.82M
These are computer generated price guides only. For more information about this property, contact the agent.
RentEstimate
- Estimated rent
- Not yet available
- Rental yield
- Not yet available
More about RentEstimate and rental yield
Capital value
Summary of land value and improvement value. This is set by the council.
- Updated
- May 1, 2024
- Capital value
- $3,025,000
- Land value
- $2,975,000
- Improvement value
- $50,000
Capital Valuation and rates information is sourced from the relevant council. Confirm directly with the council before making any decisions based on this data.
Property trends
- Property estimate trend
- This home estimate range: 2.51M - 2.82M
- Suburb median
- Forrest Hill: 1.34M
Past sales & timeline
Nearby Sold Properties
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