2/21 Calypso Place, Rothesay Bay, North Shore City

Nestled in the prestigious Rangitoto School Zone, with panoramic sea views, lies this charming 3-bedroom, 2-bathroom residence at 2/21 Calypso Place, Rothesay Bay. Constructed in 1994 with roughcast walls and tiled roofing, this cross-lease property is a gem in the North Shore. The capital value has seen a rapid increase of 19.32% from $1,320,000 in 2017 to $1,575,000 as of June 2021. The property enjoys an estimated value of $1,115,500 by HouGarden AVM, with a history of sales at $428,000 in 2002 and $358,000 in 1999. This elevated home offers open-plan living, a double garage, and is in close proximity to top-rated schools, shopping, and beaches. Currently tenanted with a willing occupant, it presents a lucrative investment opportunity in a prime location.

With a CV increase that outpaces the market, this property is not just a home but a sound financial investment. The latest government valuation reflects the growing desirability of the area, making it an attractive prospect for investors. The property's condition is good both in walls and roof, ensuring minimal maintenance for the new owner.

Educationally, the property falls within the zones of Northcross Intermediate, Murrays Bay Intermediate, Murrays Bay School, and the renowned Rangitoto College, all decile 10 institutions. This address not only promises a quality education for the family but also ensures long-term value retention and growth potential.

Updated on August 21, 2024