Nestled on an elevated, road-front section at 545 Beach Road, Murrays Bay, this residential vacant land boasts a freehold title. With an area of 417 square meters, this easy-to-develop plot is a rare find mere meters from the beach. The property's potential is further enhanced by its unknown roof and wall construction, allowing for a blank canvas of possibility. Currently valued at $950,000 according to the June 2021 government valuation, this property is a gem in the sought-after Rangi zone.
History shows a promising trend, with the HouGarden AVM estimating the property's worth at $882,500. The capital value has seen a significant increase, making this a sound investment. Previous sale records indicate the demand for such prime locations.
For families with children, the property falls within the zones of Northcross Intermediate, Murrays Bay Intermediate, Murrays Bay School, and the esteemed Rangitoto College, all decile 10 institutions. This ensures access to some of the best educational facilities in the area.
Updated on May 17, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.07 km | 3 | 2 | -m2 | Year 2024 Month 10 Day 31 | - | Council approved | |
 | 0.10 km | 3 | 2 | -m2 | Year 2024 Month 10 Day 23 | $1,415,000 | Council approved | |
 | 0.27 km | 5 | 4 | 480m2 | Year 2024 Month 09 Day 17 | - | Council approved | |
 | 0.24 km | 2 | 1 | 90m2 | Year 2024 Month 09 Day 08 | $1,000,000 | Council approved | |
 | 0.16 km | 3 | 1 | -m2 | Year 2024 Month 08 Day 01 | $1,353,000 | Council approved |