Nestled in the tranquility of a quiet cul-de-sac at 10 Rata Road, Stanmore Bay, Auckland, this charming residence boasts a generous 60 square meters of floor area. Constructed in 1990 with wood walls and an iron roof, both in good condition, this one-bedroom, one-bathroom home is set on an easy-to-moderate fall contour. It comes with a cross-lease title and offers a functional kitchen, open-plan living and dining, and decks on both sides, complemented by a wet room-style bathroom with laundry facilities. The property, previously designed to accommodate a wheelchair-friendly environment, features a wide front door and a wet room bathroom. It's a perfect opportunity to cease rent payments and invest in your own home, with a capital value that has seen a 30.36% increase from $560,000 in 2017 to $730,000 as of June 2021. The HouGarden AVM estimates the property's worth at $735,000, while the latest sale on August 8, 2024, was at $597,000.
For families, the property falls within the zones of the well-regarded Stanmore Bay School, a contributing school with a decile rating of 8, and Whangaparaoa College, a secondary school with a decile rating of 9. This home not only offers excellent value but also the potential for further enhancement, ready for you to add your personal touch and enjoy the convenience of being close to shops, the beach, and the Stanmore Bay Leisure Centre.
Don't miss this chance to step onto the property ladder and stop paying your landlord's mortgage. This property is vacant and awaits your inspection.
Updated on September 18, 2024