Nestled in the serene Narrow Neck, this 5-bedroom property on 951sqm of freehold land at 3 Handley Avenue boasts a charming 1960s bungalow with a unique history. The home, featuring wood exterior walls and an iron roof, has been thoughtfully converted to include two separate one-bedroom apartments below, while the upstairs retains the character of the era with exposed beams and beautiful leadlight windows. The property, with a current CV of $2,780,000, has seen a remarkable 39% increase since 2017, reflecting its growing value. Each unit enjoys a peaceful setting in this quiet cul-de-sac, with easy access to Narrow Neck and Cheltenham beaches, golf courses, and Devonport's vibrant dining scene.
With a HouGarden AVM of $2,587,500 and a latest sale in 1995 at $430,000, this property presents a golden opportunity for developers, investors, and homeowners. It's a perfect blend of income potential and family living, with the added bonus of being in the catchment area for top-rated schools like Takapuna Grammar, Belmont Intermediate, and Vauxhall School, all decile 10. This is not just a home; it's a legacy waiting to be cherished.
Education enthusiasts will relish the fact that this property falls within the zone of some of the best schools in the region. With a secondary school like Takapuna Grammar, known for its excellence, and highly-rated intermediate and contributing schools, the educational opportunities are second to none. This property is not only an investment in real estate but also in the future of the family.
Updated on May 24, 2024