Nestled in a serene cul-de-sac at 16 Margate Road, Blockhouse Bay, Auckland, this freehold property boasts a modern design perfect for family living. Constructed with wood exterior walls and tile roofing, the 323sqm two-level residence, built in 2023, offers four bedrooms, one bathroom, and two car parks. The property sits on a level 383sqm section with good wall and roof conditions, exuding a sense of newness and luxury.
With a current Capital Value (CV) of $1,600,000 as of June 2021, the property's value has seen a significant increase, reflected in the latest sale price of $2,000,000 on April 22, 2023. The HouGarden AVM estimates the property's worth at $1,465,000, showcasing a rapid growth percentage in capital value. This is a clear indicator of the property's investment potential.
For families with school-aged children, the property falls within the zones of Glenavon School, a Full Primary with a decile rating of 1, and Lynfield College, a Secondary school (Year 9-15) with a decile rating of 6. These educational institutions are a testament to the quality of the local school network.
Updated on December 06, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.28 km | 4 | 2 | -m2 | Year 2024 Month 12 Day 01 | $1,081,000 | Council approved | |
 | 0.02 km | 3 | 1 | 93m2 | Year 2024 Month 11 Day 16 | - | Council approved | |
 | 0.12 km | 3 | 1 | 96m2 | Year 2024 Month 11 Day 02 | - | Council approved | |
 | 0.26 km | 3 | 2 | 0m2 | Year 2024 Month 11 Day 01 | $1,218,000 | Council approved | |
 | 0.28 km | 4 | 2 | -m2 | Year 2024 Month 10 Day 01 | $1,165,880 | Council approved |