25 Newhaven Terrace, Mairangi Bay, Auckland - North Shore

Nestled on a prime section of 898 square meters in the serene Mairangi Bay, 25 Newhaven Terrace boasts a vacant land with immense potential for multiple housing. This freehold property, built in 1960, features average-condition wooden walls and iron roofing. It offers a convenient lifestyle with 3 car parks and a floor area of 140 square meters. The property sits on an easy to moderate fall contour, enhancing its natural charm.

As per the government's valuation, the capital value has seen a significant increase from $1,250,000 in July 2017 to $1,550,000 as of June 2021, reflecting a growth rate of 24%. The HouGarden AVM estimates the property's worth at $1,440,000, while the latest sales were recorded at $1,550,000 on June 14, 2024, and $1,610,000 on July 29, 2022.

For families with children, the property falls within the decile 10 Mairangi Bay School zone and is in close proximity to highly regarded Westlake Boys' and Girls' High Schools, both at decile 9. Murrays Bay Intermediate and Rangitoto College, both decile 10, are also within easy reach, making this property an ideal investment for those seeking top-notch education facilities.

Updated on July 11, 2024