Nestled in a serene cul-de-sac of Stanmore Bay, this cozy 2-bedroom, 1-bathroom home with an open-plan living area is set on a level contour. Constructed in 1960 with fibrous cement walls and an iron roof, it boasts an average condition both inside and out. The property is under a Cross-Lease title, ensuring a unique ownership experience. The latest valuation shows a Capital Value (CV) of $710,000 as of June 2021, marking a 33.96% increase from the $530,000 CV in July 2017. This growth is complemented by the HouGarden AVM of $660,000, and a sales history that includes transactions for $325,000 in 2006 and $295,000 in 2005.
For families, the property falls within the zones of highly-rated schools. Red Beach School and Stanmore Bay School both have a contributing school type with deciles of 9 and 8 respectively, while Whangaparaoa College, a secondary school, holds a decile rating of 9. This combination of educational institutions ensures a sound investment for families with children.
With a warm and inviting atmosphere, this residence is perfect for those seeking a small home with a modest price tag. Its convenient location near amenities and beautiful beaches makes it an ideal choice for a cozy retreat.
Updated on May 21, 2024