Nestled in the esteemed Millwater locale, 11 Memory Lane presents a rare opportunity to own a magnificent new home on a freehold section of 600m2. This 523m2 floor area residence boasts 6 bedrooms, 5 bathrooms, and 2 car parks, exuding grandeur with its mixed-material walls and Malthoid roof. Built in 2024, the property is in a level contour with good wall and roof conditions. The government's capital value estimate of $2,525,000 as of June 2021 reflects a significant increase, while the HouGarden AVM estimates it at $2,465,000. Notably, the property is in the catchment area for decile 9 Orewa College and decile 10 Silverdale School, ensuring top-notch education for the family.
Historically, the property has shown a strong capital value growth trajectory. The recent sale history and rapid CV increase percentage highlight the investment potential. The home's backend valuation through HouGarden AVM further underscores its worth.
For families with school-aged children, the property falls within the highly sought-after zones for Orewa College and Silverdale School, both renowned for their academic excellence. This, coupled with the property's prime location and luxurious amenities, makes it an unbeatable choice for those seeking an exceptional living experience.
Updated on August 21, 2024