9 Rata Road, Stanmore Bay, Auckland - Rodney

Located at 9 Rata Road, Stanmore Bay, Auckland - Rodney, this residential dwelling offers a unique opportunity for first-home buyers, developers, or investors. The property features 2 bedrooms, 1 bathroom, and 1 carpark, with a floor area of 59m2 and a substantial land area of 814m2. Ownership is freehold, providing full rights to the land and property. The house, built in 1950 with mixed materials for walls and fibrous cement for the roof, is in its original condition, presenting an average state of maintenance. This property, requiring significant TLC, stands as a potential project for those willing to invest effort into its restoration or redevelopment, especially given its easy/moderate rise contour and ample space for extension or rebuilding.

The property has seen a notable increase in capital value, from $590,000 in July 2017 to $750,000 in June 2021, marking a 27.12% growth. Despite this, the latest sale records show a transaction at $625,000 in December 2023, following a previous sale at $690,000 in December 2020. The HouGarden AVM estimates the property's value at $720,000, indicating its potential in the current market.

Education is a highlight, with the property situated within the zones for Stanmore Bay School (decile 8) and Whangaparaoa College (decile 9), both reputable institutions that promise quality education. Its location is further enhanced by its proximity to local amenities, including the Coast Plaza, New World Shopping Centre, Hoyts Cinemas, and various eateries, not to mention the easy access to Stanmore Bay Beach and local sports fields via a nearby walkway.

Updated on April 06, 2024.