Nestled in the serene Belmont, this 3-bedroom, 3-carpark home with an office and additional rumpus room is a gem on a 696 sqm freehold site. Constructed in 1940 with mixed materials for the walls and iron for the roof, both in good condition, this property offers a picturesque view of Shoal Bay and the city from its elevated position in a quiet cul-de-sac. The capital value has seen a 40% increase from $1,325,000 in 2017 to $1,855,000 as of 2021, exceeding the HouGarden AVM of $1,810,000. The latest sales were in 2002 for $300,000 and 1992 for $158,000. With a decile 10 school zone, including Hauraki School, Belmont Intermediate, and Takapuna Grammar School, this property is not just a home but an investment in a promising future.
Despite the CV and online estimates, this property presents an opportunity for value addition and choice: to live in, rectify non-consented works, renovate and sell, or develop the site. Set in a family-friendly area with Northboro Reserve nearby and easy access to Daily Bread for coffee, it's a perfect blend of convenience and potential.
Education is a step away with the property being within walking distance to top-rated schools, ensuring a bright future for the children. This property is not to be missed, a rare find in a sought-after location.
Updated on August 01, 2024