Nestled in the serene cul-de-sac of Bay Street, Red Beach, Auckland, this 1970-built, cross-lease property boasts 3 bedrooms, 1 bathroom, and 2 car parks. The residence, with a floor area of 92 square meters, features fibrous cement walls in good condition and an iron roof, also well-maintained. The property has seen a significant capital value increase from $730,000 in July 2017 to $960,000 as of June 2021, reflecting a growth rate of 31.5%. Furthermore, the HouGarden AVM estimates the property's value at $965,000, while the latest sales history includes transactions at $587,000 in September 2014 and $265,000 in March 2011.
For families, the property falls within the zones of Red Beach School, a contributing school with a decile rating of 9, and Whangaparaoa College, a secondary school with a decile rating of 9. This home offers a blend of comfort and practicality, with its open-plan living, two outdoor areas, and a low-maintenance garden, all set in a private and sunny backdrop.
With a prime location that's a short walk to the beach and close to shops, this property is perfect for first-time buyers, downsizers, or investors looking for a convenient and desirable coastal living experience.
Updated on September 27, 2024