1/47 Stredwick Drive, Torbay, Auckland - North Shore

Nestled in the serene Torbay, Auckland, this residential unit at 1/47 Stredwick Drive boasts 3 bedrooms, 1 bathroom, and a single car park. Constructed in 1975 with concrete walls and tiled roofing, this cross-lease property is in good condition both inside and out. The floor area spans 100 square meters, while the property enjoys a level contour and a sunny courtyard perfect for alfresco dining. With a current Capital Value (CV) of $860,000 as of June 2021, it has seen a growth of 21.99% since July 2017. Ignore the CV, as this property presents a golden opportunity for those looking to add value. The established garden and internal access garaging add to its charm, as does its proximity to excellent schools and beaches.

As for the valuation, the HouGarden AVM estimates the property at $825,000, while the latest sale was in 1993 for $128,000. The CV increase history and potential for improvement make this a lucrative prospect.

For families with school-aged children, the property falls within the zones of highly-rated schools such as Long Bay College (Secondary, Decile 10), Long Bay School (Contributing, Decile 10), and Northcross Intermediate (Intermediate, Decile 10), ensuring top-notch education.

Updated on October 07, 2024