Nestled in the serene Mairangi Bay, Auckland, this residential dwelling at 1/25 Hythe Terrace boasts 3 bedrooms, a single carpark, and a generous floor area of 120 square meters. Constructed in 1950 with wood walls and an iron roof, it sits on a cross-lease title. The property, with its average wall and roof conditions, offers an easy/moderate rise contour and is mere minutes from the beach. The open-plan living area with maple floors and double glazed windows presents wide sea views, while the master bedroom enjoys an en-suite and walk-in wardrobe, opening to a private balcony.
As per the latest records, the property's capital value has seen a significant increase from $1,010,000 in 2017 to $1,200,000 in 2021, a growth of 18.8%. The HouGarden AVM estimates the property at $1,150,000, with the most recent sale at $1,035,000 in 2022, up from $675,000 in 2013. This presents a prime opportunity for investors and renovators alike.
For families, the property falls within the decile 10 school zones of Murrays Bay Intermediate, Murrays Bay School, and Rangitoto College, ensuring top-notch education for children of all ages. With two heat pumps and underfloor heating, this property offers comfort all year round, making it a perfect blend of location, potential, and convenience.
Updated on October 24, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.17 km | 5 | 2 | -m2 | Year 2024 Month 11 Day 14 | $1,630,000 | Council approved | |
 | 0.27 km | 4 | 3 | 230m2 | Year 2024 Month 11 Day 07 | - | Council approved | |
 | 0.28 km | 3 | 145m2 | Year 2024 Month 07 Day 10 | $1,250,000 | Council approved | ||
0.28 km | 3 | 145m2 | Year 2024 Month 06 Day 23 | $1,211,000 | Council approved | |||
 | 0.08 km | 6 | 3 | 220m2 | Year 2024 Month 06 Day 21 | - | Council approved |