88 Penguin Drive, Murrays Bay, Auckland - North Shore

Located at 88 Penguin Drive, Murrays Bay, Auckland - North Shore, this residential dwelling boasts a modern lifestyle with breathtaking views. Built in 2020, the property features 5 bedrooms, 5 bathrooms, and 1 carpark, spread across a floor area of 271 square meters on a 304 square meter land area. The freehold property is constructed with mixed materials for walls and tiles for the roof, both in good condition. Its contour is an easy/moderate rise, making it an appealing choice for families. The house is designed with a master bedroom with ensuite and living space on the ground level, an open-plan layout on the first level connecting living, dining, and kitchen areas, and three spacious bedrooms on the second level, including another master bedroom with an ensuite. The outdoor area includes a spacious backyard with a custom-made pergola, perfect for entertaining.

The property's capital value as of June 2021 was $1,800,000, with a HouGarden AVM of $1,770,000. It has seen a significant increase in value, with the latest sale on February 1, 2024, at $2,020,000, up from $828,000 on September 26, 2019. This rapid increase in capital value highlights the property's investment potential and desirability in the market.

For families, the property is situated within the school zones of Rangitoto College, Murrays Bay Intermediate, Murrays Bay School, and Northcross Intermediate. These highly regarded schools offer excellent education opportunities, ensuring both a solid foundation for children and securing the property's future value. Located in a quiet cul-de-sac, the property offers a tranquil environment while being conveniently close to shops, cafes, restaurants, and recreational facilities in Murrays Bay and Mairangi Bay, along with easy access to motorways for city-wide travel.