Embrace the perfect fusion of comfort, space, and elegance in this meticulously maintained family residence, boasting 4 bedrooms and 2 car parks. Constructed in 1997 with a mix of materials for the walls and tiles for the roof, this cross-lease property at 2/42 Esther Place, Red Beach, Auckland, offers a generous floor area of 190sqm. The property enjoys a good condition both in walls and roof, sitting on a contour with an easy/moderate rise. Notably, the capital value has surged by 54.64% over the past four years, reaching $1,500,000 as per the June 2021 government valuation, an increase that outpaces the market average.
With a HouGarden AVM of $1,294,500 and a latest sale history of $533,000 in 2006, this property presents an attractive investment opportunity. The government's valuation history and the recent sales reflect a consistent growth trend. This home is not just a shelter but a sound financial investment.
For families with school-aged children, the property falls within the decile 9 Red Beach School and Whangaparaoa College zones, ensuring access to some of the best educational facilities in the area. The combination of a prime location, quality construction, and a thriving school network makes this property an unparalleled choice for those seeking a perfect blend of lifestyle and investment.
Updated on May 17, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.67 km | 4 | 2 | 280m2 | Year 2024 Month 10 Day 16 | $1,120,000 | Council approved | |
 | 0.38 km | 5 | 2 | 239m2 | Year 2024 Month 08 Day 30 | - | Council approved | |
 | 0.39 km | 3 | 2 | 180m2 | Year 2024 Month 07 Day 12 | $905,000 | Council approved | |
 | 0.33 km | 4 | 3 | 193m2 | Year 2024 Month 07 Day 06 | - | Council approved | |
 | 0.23 km | 5 | 4 | 289m2 | Year 2024 Month 07 Day 01 | $1,660,000 | Council approved |