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For buyers with business acumen. if you are after a high return investment, this property has been a successful Air BnB for 10 years with immense potential!
The famous Castle is on the market, complete with its own tower, crenelated wall, and a turret!
Boasting a spacious floor area, this residence offers 5 bedrooms and 3 bathrooms strategically grouped into 2, 2, and 1 bedrooms. This thoughtfully designed layout provides a unique and versatile living experience with distinct separation among the bedrooms and an intentional emphasis on privacy and functionality, offering various options for the new owner, making it perfect for various lifestyle preferences.
Immerse yourself in the relaxing ambiance of the swimming pool and spa pool, complemented by a covered entertainment area for gatherings and leisure. The 685sqm flat land, zoned Mixed Housing Suburban, holds immense potential for subdivision (subject to Auckland Council Approval), allowing you to explore lucrative opportunities.
Currently generating great income running as a pupular Airbnb, the property promises a compelling return on investment. Explore the financial possibilities and envision the future in this prime location, falling within the catchment of renowned schools like Pigeon Mountain Primary School, Farm Cove Intermediate, and Pakuranga College.
Conveniently located near Fuller's Ferry Service, your commute to Auckland's CBD becomes seamless, or opt for an escape to the enchanting Waiheke Island within the aquatic playground of the Hauraki Gulf.
The possibility is endless: continue to run it as Air BnB, as well as a venue for wedding, birthday parties, and corporate function; land banking while enjoying a great return; live in one wing and Air BnB the other parts, rent the whole property out to a business. you are only limited by your imagination.
Elevate the benefits of this exceptional property, combining architectural grandeur, potential for growth, and great school zones.
One of a Kind investment opportunity!
Name | Distance | Type | Year | Attribute | Gender | Score | Decile | |
|---|---|---|---|---|---|---|---|---|
Pigeon Mountain School | 0.88 km | Primary | 1-6 | Government | Co-Educational | EQI: 358 | 8 | |
Farm Cove Intermediate | 1.37 km | Secondary | 7-8 | Government | Co-Educational | EQI: 409 | 8 | |
Pakuranga College | 1.41 km | Secondary | 9-15 | Government | Co-Educational | EQI: 431 | 7 | |
Sancta Maria College | 8.08 km | Secondary | 7-15 | Government | Co-Educational | EQI: 390 | 7 |
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $1,814,500 | -18.1% | 8 |
2022 | $2,214,500 | -7.8% | 8 |
2021 | $2,402,000 | 46.3% | 11 |
2020 | $1,641,944 | 12.5% | 14 |
2019 | $1,460,000 | 12.4% | 2 |
2018 | $1,299,000 | -23.6% | 8 |
2017 | $1,700,000 | -5% | 11 |
2016 | $1,790,000 | 23% | 7 |
2015 | $1,455,000 | 36.6% | 7 |
2014 | $1,065,000 | - | 9 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.43 km | 4 | 2 | 200m2 | Year 2024 Month 02 Day 28 | $1,760,000 | Council approved | |
 | 0.46 km | 4 | 2 | 0m2 | Year 2024 Month 02 Day 27 | $1,856,500 | Council approved | |
 | 0.35 km | 3 | 1 | -m2 | Year 2024 Month 02 Day 13 | $1,522,000 | Council approved | |
 | 0.31 km | 4 | 2 | 0m2 | Year 2023 Month 12 Day 21 | $1,279,000 | Council approved | |
 | 0.20 km | 3 | 2 | 242m2 | Year 2023 Month 12 Day 16 | $2,305,000 | Council approved |