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2/1 Belmere Rise, Farm Cove, Auckland - Manukau, 3 Bedrooms, 0 Bathrooms, House

Sold: $1,150,000

Sold on 2024 Year 2024 Month 05 Day 28

2/1 Belmere Rise, Farm Cove, Auckland - Manukau

3
147m2

Nestled in the serene Farm Cove, this 3-bedroom townhouse with a cross-lease title is a gem on Belmere Rise. Constructed in 1981 with a mix of materials for the walls and tiles for the roof, both in good condition, the property offers a floor area of 147 square meters and a carpark. The capital value has seen a significant increase from $950,000 in 2017 to $1,200,000 as of June 2021, reflecting a growth of 26.32%. The property's appeal is further enhanced by its proximity to the picturesque Bramley Reserve Rotary Walkway and its placement in a highly sought-after school zone, including the decile 9 Sunny Hills School and the renowned Pakuranga College. The latest sale was in 2008 for $465,000, while the current HouGarden AVM estimates the property at $1,117,500, making it an attractive investment opportunity.

With newly renovated bathrooms and a fresh coat of paint, the townhouse invites comfort and convenience with an open-plan kitchen and dining area, a spacious lounge, and additional amenities like a powder room and laundry on the ground level. The upper level features three generous bedrooms, one with an ensuite, and a family bathroom, all while enjoying glimpses of the sea. This tranquil living space is perfect for those who value both the serenity of a cul-de-sac and the convenience of nearby shopping complexes, motorway access, and the Half Moon Bay ferry terminal.

For families with educational priorities, the property falls within the catchment area of top-rated schools such as Sunnyhills School, Wakaaranga School, Farm Cove Intermediate, and Pakuranga College, ensuring a quality education for the kids. This combination of location, comfort, and educational opportunity makes this property a rare find in the Auckland property market.

Updated on May 31, 2024

Council Data

Last update : 2024 06 19
Improvement value$200,000Increased by 122% from year 2017
Land value$1,000,000Increased by 16% from year 2017
CV(Year 2021 Month 06)$1,200,000Increased by 26% from year 2017
View typeNo appreciable view
ContourLevel
Floor area147m²
Decade of construction1981
TitleNA49D/1452
Type of titleCross-Lease
Legal descriptionFLAT 2 DP 93578, LOT 329 DP 61005
CouncilAuckland - Manukau
Estate descriptionFSIM,1/2,LOT 329 DEPOSITED PLAN 61005,796m2
Council rates$3,171.09 2023/2024
ConditionExternal Walls: Good Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Farm Cove Intermediate
0.51 km
Secondary
7-8
Government
Co-Educational
EQI: 409
8
Wakaaranga School
0.78 km
Primary
1-6
Government
Co-Educational
EQI: 380
7
Sunnyhills School
0.87 km
Primary
1-8
Government
Co-Educational
EQI: 366
9
Pakuranga College
1.46 km
Secondary
9-15
Government
Co-Educational
EQI: 431
7
Sancta Maria College
7.24 km
Secondary
7-15
Government
Co-Educational
EQI: 390
7

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:-
Title:Cross-Lease
Zoning
Underground
Contour
State houses
Flood zone

Suburbs

Data analysis - Farm Cove properties data
Farm Cove property trend
Year
Median price
Growth
Sales count
2023
$1,125,000
2.4%
3
2022
$1,098,888
-11%
5
2021
$1,235,000
41.5%
7
2020
$872,500
0.3%
2
2019
$870,000
-3.9%
3
2018
$905,000
6.2%
8
2017
$852,500
-1.3%
4
2016
$864,000
2.9%
5
2015
$839,500
38.4%
8
2014
$606,500
-
6

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
21 Fratley Avenue
0.25 km
3
2
-m2
Year 2024 Month 04 Day 15
$1,925,000
Council approved
138 Bramley Drive
0.21 km
3
2
0m2
Year 2024 Month 03 Day 26
$2,100,000
Council approved
2/172 Fisher Parade
0.23 km
2
1
-m2
Year 2024 Month 03 Day 15
$1,047,000
Council approved
0.23 km
3
1
100m2
Year 2024 Month 03 Day 07
$1,020,000
Council approved
28 Fielding Crescent
0.26 km
4
3
0m2
Year 2024 Month 03 Day 01
$2,100,000
Council approved

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