Nestled at the end of a quiet cul-de-sac on Orne Street, Torbay, Auckland, this freehold property boasts a substantial land area of 694m² and a floor area of approximately 222m². Constructed in 2000, the dwelling features roughcast walls and tiled roofing, both in poor condition, and includes 4 bedrooms, 2 carparks, and an existing home without a CCC. The property has seen a CV increase of 9.79% from $1,175,000 in 2017 to $1,290,000 as of June 2021, while the HouGarden AVM estimates the value at $1,280,000. Notably, the latest sale history includes transactions at $975,000 in 2020 and $440,500 in 2011.
With a prime location in a high-growth area, the property is zoned for top-rated schools, including Torbay School, Long Bay College, and Northcross Intermediate, all with a decile rating of 10. The property offers potential for land banking or a family retreat, with immediate access to essential services and amenities. The existing home features an open-plan living area, a well-equipped kitchen, and a seamless indoor-outdoor flow, making it an unbeatable opportunity for those seeking value in a sought-after neighborhood.
Act fast, as the auction is set for 21 November 2024. This is your chance to secure a prime piece of real estate in a desirable school zone, with the added benefit of an existing home, all at an unbeatable price.
Updated on November 22, 2024