Nestled atop a serene cul-de-sac in the exclusive Orakei suburb of Auckland, this 1960s residence boasts a freehold title on a 388m2 site with a mixed-material roof and well-maintained wooden exterior. The 275m2 floor area encompasses four bedrooms, with the potential for additional bathrooms, and a single carpark. The property, with a capital value of $2,675,000 as of June 2021, has seen a substantial increase from its last sale price of $2,500,000 in October 2022 and an impressive growth of over 500% since its 1997 sale at $410,000. The HouGarden AVM estimates the property's worth at $2,690,000. Double glazing and ducted heating provide comfort, while the easy-to-moderate contour of the land offers views over the Eastern bays and Rangitoto Island.
With a recent valuation reflecting a promising investment, this home stands out for its modern renovation by architect Tim Rowe, offering both sophisticated living spaces and low maintenance appeal, just 800 meters from Mission Bay beach. The property's location within the catchment area of Baradene College (decile 9) and Orakei School (decile 4) is a significant advantage for families, while the nearby Selwyn College (decile 4) provides further educational options.
Whether for intimate gatherings or large events, the entertainer's dream layout with a central designer kitchen, formal and family living areas, and louvre-covered decks promise a lifestyle of convenience and luxury. The separate office is ideal for work-from-home professionals, and the absence of lawns ensures a truly low maintenance living experience. This property, set amidst reserves and with easy access to the CBD, is not to be missed.
Updated on September 20, 2024