Nestled in the serene Red Beach, Auckland, this 1988-built residence on 75 Bay Street boasts a solid brick exterior and an iron roof, both in good condition. The 4-bedroom, cross-lease property with a floor area of 170sqm is a gem in the residential market, having experienced a 29% increase in Capital Value from $970,000 in 2017 to $1,250,000 as of June 2021. The latest sale in 2024 fetched $1,330,000, showcasing a significant growth in property value. HouGarden AVM estimates the property at $1,160,000, making it an attractive investment opportunity.
With a CV increase that outpaces the market average, this property also enjoys a prime location within the catchment area of top-rated schools such as Orewa College, Red Beach School, and Whangaparaoa College, all with a decile rating of 9. This not only adds to the property's value but also ensures quality education for the family.
Enjoy the benefits of being in a sought-after school zone while living in a home that offers privacy, comfort, and practicality. The property features two separate living areas, potential for a granny flat, and ample parking with double garaging. Outside, the well-sunned decks and boundary bushes provide a private and relaxing space. This is not just a house; it's a home that invites you to experience the joy of coastal living minutes away from the beautiful Red Beach.
Updated on May 15, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.21 km | 2 | 104m2 | Year 2024 Month 12 Day 11 | $935,000 | Council approved | ||
 | 0.23 km | 4 | 3 | 202m2 | Year 2024 Month 10 Day 18 | $1,635,000 | Council approved | |
 | 0.07 km | 5 | 3 | 180m2 | Year 2024 Month 09 Day 30 | - | Council approved | |
 | 0.18 km | 3 | 2 | 93m2 | Year 2024 Month 08 Day 29 | - | Council approved | |
 | 0.21 km | 5 | 3 | 245m2 | Year 2024 Month 07 Day 29 | - | Council approved |