Located at 4 Dunraven Place, Torbay, Auckland - North Shore, this property presents a unique opportunity for those looking to secure a piece of the coveted Torbay lifestyle. The property, built in 1966, features a classic 1960s weatherboard profile with wood wall construction and tile roofing, both in average condition. It boasts a freehold ownership type over an 812m2 section and offers a spacious 180m2 floor plan that includes four bedrooms, an office, two-and-a-half bathrooms, open living areas with a large kitchen, a rumpus, and a basement. The property is situated on an easy/moderate fall contour, providing privacy and elevated aspects. Additionally, it offers ample off-street parking for at least two vehicles.
The property has seen a significant increase in capital value, from $1,125,000 in July 2017 to $1,420,000 in June 2021, marking a 26.22% growth. The latest HouGarden AVM estimates the property's value at $1,397,500. It has a history of sales, with the most recent being $985,000 in November 2019, following a previous sale at $585,700 in April 2012. This demonstrates the property's strong potential for capital growth and investment return.
Education is a key feature of this property, being zoned for top-rated schools including Glamorgan School, Torbay School, Northcross Intermediate, and Long Bay College, all of which boast a decile rating of 10. This makes it an ideal location for families seeking quality education for their children. The Torbay area offers a lifestyle with easy access to Waiake Reserve and Beach, along with essential conveniences, cafes, and retailers in Albany, making it a highly desirable location for a wide range of buyers.