Nestled on a steep rise in the serene Blind Bay Road of Great Barrier Island, this vacant lifestyle property boasts a generous land area of 43,680 square meters. It is secured with the independence of freehold ownership. While specific details about the number of bedrooms, bathrooms, and carparks are not available, the property presents an intriguing opportunity for development. Both the exterior walls and roof construction remain a mystery, hinting at a unique potential waiting to be uncovered.
As per the government’s valuation, the capital value has seen a significant increase from $195,000 in July 2017 to $240,000 as of June 2021, marking a growth of 23.08%. The HouGarden AVM estimates the property’s worth at $225,000, while the latest sale record from February 2024 sets the price at an impressive $430,000.
For families with children, the property falls within a desirable school zone. While specific decile ratings and school names are not provided, the zone is known for its quality education, making this an attractive investment for those seeking a home in a reputable educational area.
Updated on April 18, 2024