Nestled securely in a serene cul-de-sac at 329 Blind Bay Road, Great Barrier Island, this freehold property is a Residential - Dwelling that boasts a capital value growth of 51.28% from $390,000 in 2017 to $590,000 in 2021. Constructed in 1994 with wood walls and an iron roof, the average-conditioned double-story house sits on a 1,758sqm section with an easy/moderate fall contour. Offering 2 bedrooms, a sole carpark, and a floor area of 157sqm, this property is perfect for a large family or as holiday accommodation, sleeping up to 8. The HouGarden AVM estimates the property at $582,500, while the latest sales were recorded at $500,000 in 2019 and a remarkable $1,260,000 in 2024. With sea views, an orchard, vegetable gardens, and a proximity to Blind Bay Beach, this property is a gem for nature enthusiasts and families alike.
With a CV increase that outpaces the market, this property presents a sound investment opportunity. The open-plan living and dining areas, along with the potential for value addition, make it an attractive proposition. It's equipped with modern amenities such as a gas water heating system, a 7000-gallon water tank, generator power, solar panels, and good cell phone coverage. Located minutes away from the Barrier's offerings, 10 minutes from Claris Airport and Kaitoke School, and 15 minutes from hot springs, this home is not just a retreat but also a convenient base.
For families with children, the school zone is a significant plus. Kaitoke School, known for its high decile rating, is merely a short drive away. This, coupled with the property's capital value growth and the convenience of living in a quiet cul-de-sac, makes it an ideal choice for those seeking quality education and a peaceful lifestyle.
Updated on November 20, 2024