Nestled in a serene cul-de-sac at 2/15 Marina Road, Torbay, Auckland, this residential ownership home unit boasts 4 bedrooms, a single carpark, and a spacious floor area of 110sqm. Constructed in 1970 with iron roofing and fibrous cement walls in good condition, the property sits on an easy/moderate fall contour with a cross-lease title. The home offers a large, airy living space complemented by a near new modern kitchen and bathroom, making it an ideal blend of comfort and potential for both first home seekers and investors.
As for the financials, the property's capital value has seen a significant increase from $725,000 in 2017 to $910,000 as of 2021, reflecting a growth rate of 25.5%. The HouGarden AVM estimates the property's value at $872,500, while the latest sales were recorded at $807,000 in 2024 and $755,000 in 2016. Despite the CV, all offers are welcome, and the motivated vendor is ready to match the market.
For families with school-aged children, the property falls within the zones of top-rated schools such as Long Bay College (Secondary, Decile 10), Glamorgan School (Contributing, Decile 10), and Northcross Intermediate (Decile 10). This provides an excellent educational opportunity for residents.
Updated on October 16, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.28 km | 4 | 2 | 255m2 | Year 2024 Month 10 Day 10 | - | Council approved | |
 | 0.06 km | 3 | 1 | -m2 | Year 2024 Month 09 Day 16 | - | Council approved | |
 | 0.08 km | 2 | 1 | -m2 | Year 2024 Month 09 Day 01 | $840,000 | Council approved | |
 | 0.09 km | 3 | 2 | -m2 | Year 2024 Month 09 Day 01 | $895,000 | Council approved | |
 | 0.12 km | 3 | 1 | -m2 | Year 2024 Month 08 Day 28 | - | Council approved |