1/16 Beach Road, Castor Bay, Auckland - North Shore

Nestled in a prime location at 1/16 Beach Road, Castor Bay, this newly renovated brick and tile end unit boasts 2 bedrooms, 2 carparks, and a floor area of 160 square meters. Constructed in 1960 with iron roofing and brick walls, this cross-lease property sits on a steep rise with an average wall and roof condition. As of June 2021, the capital value has reached $1,200,000, showing a significant increase of 11.63% since July 2017. The property is complemented by a large exclusive use garden of approximately 450m2, perfect for entertainment with a deck off the modern kitchen equipped with brand new Bosch appliances and stone benchtops.

With a HouGarden AVM of $1,150,000 and a latest sale history of $218,000 in 2002, this property presents a promising investment. The government valuation growth, coupled with the convenience of being in the catchment area for top-rated schools such as Westlake Girls' and Boys' High Schools, Wairau Intermediate School, and Campbells Bay School, makes it an ideal choice for families. Enjoying the benefits of a quiet cul-de-sac, this coastal gem is a perfect fit for first-time buyers or those looking to downsize while still being close to all the amenities that Milford Town Centre has to offer.

Educationally endowed, the property falls within decile 9 and 10 school zones, ensuring access to some of the best educational facilities in the region. This opportunity is not to be missed, as the current owners are motivated to sell, presenting a chance for you to own a piece of renovated coastal bliss in a sought-after location.

Updated on April 30, 2024