40 Commodore Drive, Lynfield, Auckland
40 Commodore Drive, Lynfield, Auckland
Verkoopprys: Sold price unknownLocated at 40 Commodore Drive, Lynfield, Auckland - City, this residential vacant property offers a unique opportunity for developers. The property spans a generous 728m2 and is categorized under Mixed Housing Urban zoning, making it ideal for development projects. The ownership type is Freehold, ensuring full ownership rights. While the roof and wall construction details are unknown, the property features an easy to moderate rise contour, providing a versatile landscape for construction.
The property's capital value has seen a decrease from $1,625,000 on June 1, 2021, to $1,225,000 on May 1, 2024, reflecting a CV increase rate of -24.62%. The HouGarden AVM estimates the property's value at $1,557,500. Historical sales data shows the property was last sold on October 13, 2018, for $1,008,000, and prior to that, on December 18, 1992, for $118,000. These figures highlight the property's potential for future appreciation.
Situated within the zones of reputable schools, this property is perfect for families. Lynfield College, a secondary school for Year 9-15 students, holds a decile rating of 6. Halsey Drive School, a contributing school, has a decile rating of 7, while Waikowhai Intermediate, an intermediate school, has a decile rating of 5. These educational institutions provide quality education options for future residents. The property's strategic location and school zoning make it an attractive option for developers and families alike.
Updated on September 25, 2025