29 Bridgewater Road, Parnell, Auckland

Nestled in the esteemed Judges Bay area, this 3-bedroom, 1-bathroom residential gem on 29 Bridgewater Road, Parnell, Auckland, is a prime example of a cross-lease property. Constructed in 1967 with wood walls and tiled roofing, it offers a floor area of 129 square meters and a carpark. The property, with an average wall and roof condition, is set on a level contour and boasts a government valuation (CV) of $1,675,000 as of June 2021, marking a 25% increase from its $1,340,000 valuation in July 2017. This penthouse, priced in the mid to high $1 million range, is unique in that it lacks a body corporate, providing freedom and privacy. Notably, it's located within the highly sought-after Double Grammar Zone, with schools like Parnell School, Auckland Grammar, Epsom Girls' Grammar School, and Baradene College, all boasting a decile rating of 9. The property's HouGarden AVM is valued at $1,607,500, and its latest sale history includes transactions in 2002 for $418,000 and in 2000 for $370,000.

Enjoy the tranquility of a cul-de-sac while being within walking distance to the CBD. The spacious lounge and dining area open up to a sun-kissed deck, offering views of the sparkling Waitemata Harbour and Devonport. This combination of serenity and convenience, along with the absence of a body corporate, makes it an attractive opportunity for investors and professionals. The property also features a large garage, off-street parking, and ample storage, providing a comfortable living environment for the family.

Be part of Auckland's most prestigious suburb and benefit from the excellent school network. This seaview penthouse is not just a home but a slice of paradise in the vibrant Parnell neighborhood.

Updated on October 21, 2024