Located at 35 Awaruku Road, Torbay, Auckland - North Shore, this freehold property epitomizes the perfect blend of comfort and potential. Built in the 1970s, the dwelling spans 88 square meters over a generous 771 square meter section. It features 3 bedrooms, 1 bathroom, and accommodates parking with 1 garage and additional space for a boat or trailer. The construction boasts wood walls in good condition and a sturdy tile roof, also in good condition. The level contour of the property adds to its appeal, making it an ideal choice for families, first home buyers, or investors.
Over the years, the capital value of this property has seen a significant increase, from $840,000 in July 2017 to $1,025,000 by June 2021, marking a 22.02% growth. The latest HouGarden AVM estimates its value at $1,010,000. Historical sales data reveals a steady appreciation, with sales at $529,000 in September 2013 and $788,000 in November 2015. This trajectory underscores the property's solid investment potential.
The property is zoned for top-tier educational institutions, including Glamorgan School, Northcross Intermediate, and Long Bay College, all of which boast a decile rating of 10. This prestigious school zoning, combined with the property's substantial land area and favorable living conditions, makes it a highly desirable residence for families prioritizing educational excellence.
Updated on March 21, 2024.