Nestled in the serene cul-de-sac of Kathy Terrace, Stanmore Bay, this 1970-built, freehold property boasts a capital value that has seen a 25% increase since 2017. The 3-bedroom, 2-carpark home sits on an 809m2 section with a floor area of 134m2. Constructed with fibrous cement walls and an iron roof, both in good condition, the residence offers panoramic sea views and potential for renovation or redevelopment. The property's CV stands at $1,000,000 as of June 2021, with HouGarden AVM valuing it at $930,000. Historically, the CV was $800,000 in July 2017, reflecting a significant growth in value.
For families, the property falls within the decile 9 school zones of both Whangaparaoa College (Year 7-15) and Whangaparaoa School (Auckland). The Auction, brought forward to May 2024, presents an opportunity to secure a slice of coastal living, with easy access to beaches, Leisure Centre, and the upcoming Penlink project set to improve commuting times.
Whether you choose to update the existing home or build your custom-designed dream house, this property invites you to embrace a tranquil lifestyle while being well-connected to all amenities and services.
Updated on May 24, 2024