Nestled in the serene Mairangi Bay, this charming residence at 1/10 Hythe Terrace boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1950 with wood walls and tiled roof, both in good condition, it sits on a property with an easy/moderate contour. The home, with a floor area of 91sqm, is under a Cross-Lease ownership. The capital value has seen a rapid increase from $930,000 in 2017 to $1,100,000 as of June 2021, a growth of 18.28%. The HouGarden AVM estimates the property at $1,025,000, while the latest sale was in 1995 for $243,000. This sun-drenched sanctuary offers breathtaking ocean views and is just a 5-minute walk from the beach and village.
With a government valuation on the rise and a prime location, this property is a sound investment. The home's warmth extends to its proximity to top-rated schools, including Murrays Bay Intermediate and School, both decile 10, and Rangitoto College, also a decile 10 secondary school. It's an ideal choice for families, professionals, or investors looking for a slice of coastal paradise.
Step into a life where convenience and natural beauty meet, in a home that invites you to relax and enjoy the stunning views of Rangitoto and the Hauraki Gulf from its sunny deck. This property is not just a house; it's a lifestyle.
Updated on May 31, 2024