Nestled in the serene cul-de-sac of 25 Kauri Road, Stanmore Bay, this freehold property boasts a capital value that has seen a growth of 20.41%. Built in 1950 with wood exterior walls and tiled roofing, the house stands testament to classic craftsmanship while offering modern comforts. It features 5 bedrooms, 3 carparks, and a vast floor area of 318sqm on a levelled land of 825sqm. The CV has risen from $1,225,000 in 2017 to $1,475,000 as of 2021, reflecting a robust investment potential. The latest sale history showcases an impressive leap from $445,000 in 2004 to $1,820,000 in 2022, indicating a high demand for properties in this prime location.
Valued at $1,435,000 by HouGarden AVM, this property not only promises financial growth but also a lifestyle upgrade. With its proximity to the beach and easy access to local amenities, it's perfect for a family or as a holiday home. The Stanmore Bay School, rated 8 on the decile scale, and Whangaparaoa College, a secondary school with a decile rating of 9, are within the catchment area, ensuring top-notch education for the young ones.
Enjoy sun-kissed sea views and the convenience of working from home in this spacious, double-glazed modern residence. The flexible floor plan, extensive decks, and the prospect of adding a swimming pool in the private backyard make this property a catch of the day. Not to mention, it's situated in an area poised for further development with Penlink on the horizon.
Updated on August 02, 2024