1/1 Penzance Road, Mairangi Bay, Auckland - North Shore

Nestled in the highly sought-after location of 1/1 Penzance Road, Mairangi Bay, this sun-drenched, single-level residence boasts 2 bedrooms, a well-maintained bathroom, and a single carpark. Constructed in 1983 with a mix of materials for the walls and tiles for the roof, this Unit Title property sits on a level contour, exuding a sense of privacy within its fenced garden setting. The capital value has seen a significant increase from $1,450,000 in 2017 to $1,625,000 as of June 2021, reflecting a growth of 12.07%. The HouGarden AVM estimates the property at $1,557,500, while the latest sale in 2012 was for $690,000.

With a CV increase that outpaces the market and a prime location in a quiet cul-de-sac, this property is not just a home but an investment. The residence enjoys a modern kitchen that flows into the dining area, a spacious lounge complemented by a cozy study nook, and a wrap-around patio perfect for outdoor entertainment. The highlight is the internal courtyard, a lush oasis that adds to the home's allure. It comes with a single internal access garage and approval for a vehicle crossing, offering both convenience and security.

For families with children, the property falls within the decile 10 school zones of Murrays Bay Intermediate, Murrays Bay School, and Rangitoto College, ensuring access to some of the best educational institutions in the area. This charming home truly stands out, offering a blend of comfort, convenience, and a low-maintenance lifestyle in a prestigious North Shore address.

Updated on October 23, 2024