173 Lake Road, Belmont, Auckland - North Shore

Nestled in the serene Belmont, Auckland, this 1920s transitional Bungalow on 784sqm of Freehold land at 173 Lake Road is a fusion of classic charm and modern practicality. With 4 bedrooms, 1 bathroom, and a carpark, it features wood walls in good condition and an iron roof that's average. The property, valued at $1,850,000 as of June 2021, has seen a CV increase of 48% since July 2017. The latest sales were at $1,700,000 in February 2022 and $875,000 in June 2013, while HouGarden's AVM estimates it at $1,720,000. This dwelling is in the catchment of highly rated schools, including Takapuna Grammar (Decile 10), Belmont Intermediate (Decile 10), and Belmont School, making it an ideal investment for families.

Not only is the property a gem with its Kauri timber flooring and flexible layout, but it also enjoys the benefits of solar panels and battery storage, with ample space for entertainment on the sunny northwest deck and in the fenced garden. The mixed housing urban zoning of the nearly 800sqm site presents potential for developers or investors. Located in a safe, community-oriented area, it's a short walk to beaches, golf courses, and all local amenities.

Education is a breeze with the property being in the zone for some of the best schools in the region. The schools’ high decile ratings ensure a quality education for the family. This property offers the best of both worlds – a peaceful lifestyle in a prime location with excellent growth potential.

Updated on May 17, 2024