Nestled in the serene Melandra Road of Stanmore Bay, Auckland, this freehold property is a charming residence that combines the ease of coastal living with the convenience of modern amenities. The 6-bedroom, 4-carpark home, built in 1973 with brick walls and an iron roof, stands on a level 809m2 section, offering a generous floor area of 272m2. The property boasts an impressive CV growth of 22.22% from $1,125,000 in 2017 to the current $1,375,000 as of June 2021. HouGarden AVM estimates the property at $1,337,500, while the latest sale in 2019 was at $801,000.
With a decile 9 rating, Whangaparaoa College and Whangaparaoa School are within the catchment area, ensuring top-notch education for the family. The property's north-facing orientation provides stunning sea views, and the proximity to Swann Beach and Stanmore Bay allows for a lifestyle filled with water-based activities. The renovated downstairs area presents a versatile living space, ideal for a home and income setup or dual living potential.
Don't miss the opportunity to secure this property in a sought-after school zone, where the combination of capital value growth, prime location, and versatile living spaces make it an attractive investment for any buyer looking to embrace the coastal lifestyle.
Updated on July 30, 2024