Nestled in the serene Killybegs Drive of Pinehill, Auckland, this freehold property is a gem in the North Shore. Constructed in 2001 with roughcast walls and tiled roof, the 330sqm floor area is complemented by a spacious 742sqm land. It boasts 7 bedrooms, 2 carparks, and a versatile layout that includes a main unit with 5 double bedrooms, 3 bathrooms, a study, and double garage, alongside a separate income unit with 2 bedrooms and 1 bathroom. The capital value has seen a significant increase from $1,560,000 in 2017 to $1,825,000 in 2021, reflecting a growth of 16.98%. The HouGarden AVM estimates it at $1,750,000, while the latest sales were at $1,085,000 in 2023 and $1,100,000 in 2015. This property falls within the decile 10 school zones of Northcross Intermediate, Pinehill School, Murrays Bay Intermediate, and Rangitoto College, ensuring top-notch education for the family. It's a perfect blend of comfort, convenience, and investment potential.
With a prime location, this property is not just a home but a sound investment. The family-friendly neighborhood, proximity to shopping centers, public transport, and leisure facilities, make it a highly sought-after address. The low-maintenance outdoor area with a protected barbecue space adds to the appeal. Separate meters for utilities ensure ease of management. Given the high demand for legal home and income properties in this zone, this property presents a stable and growth-oriented opportunity for the discerning buyer.
For those with school-aged children, the Rangitoto College Zone and Pinehill School are within walking distance, providing an excellent educational platform. This property is a rare find, and interested parties are advised to act quickly to secure this attractive investment.
Updated on April 26, 2024