Nestled in the coveted Waiake locale, this 5-bedroom, 2-bathroom residential unit on cross-lease title boasts a charming mix of wall materials and a tiled roof, constructed in 1974. The property, located at 2/10 Ridge Road, sits on a contoured section with an easy/moderate fall and offers a floor area of 210sqm. Notably, the capital value has seen an impressive increase of 8.11% from $1,110,000 in July 2017 to $1,200,000 as of June 2021. The latest sale history includes transactions in 2013 and 2003, reflecting a growing investment potential.
With a HouGarden AVM of $1,150,000, this property presents a lucrative opportunity. The government valuations and sales history indicate a consistent rise in value. For families, the property falls within the decile 10 school zones of Long Bay College, Northcross Intermediate, and Torbay School, ensuring top-notch education for children of all ages.
Enjoying a quiet cul-de-sac, this home is perfect for those seeking a Bay lifestyle, with easy access to public transport, local amenities, and the beautiful Waiake and Browns Bay beaches. The property's versatile layout, including a rumpus room and a separate downstairs area, caters to a variety of family needs. This is not just a home; it's an opportunity to add personal touches and increase value in a thriving neighborhood.
Updated on April 29, 2024