Nestled in a serene cul-de-sac at 2/17 Kiteroa Terrace, Rothesay Bay, this residential dwelling on Auckland's North Shore boasts 2 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1994 with iron roofing and fibrous cement walls in good condition, it offers a floor area of 95 square meters. The property, held under a Cross-Lease title, has seen a capital value increase from $810,000 in July 2017 to $1,000,000 as of June 2021, reflecting a growth rate of 23.46%. The contour of the land is an easy to moderate rise, and the property is valued at $975,000 according to the HouGarden AVM. Notably, the latest sale records date back to 1996 at $250,000 and 1994 at $78,750.
Government valuations highlight a consistent rise in the property's worth, while the HouGarden AVM provides a current market estimate. The capital value growth percentage is a testament to the investment potential of this property.
For families with school-aged children, the property falls within the zones of Northcross Intermediate, Browns Bay School, Murrays Bay Intermediate, and Rangitoto College, all of which are decile 10 institutions, indicating a high standard of education in the area.
Updated on August 21, 2024