Nestled in the serene cul-de-sac of Shelly Beach Road, this charming 2-bedroom, 1-bathroom cottage on an 809sqm freehold section is a gem in the Auckland property market. Constructed in 1946 with fibrous cement walls and an iron roof, this dwelling boasts an average condition both inside and out. The property, with a floor area of 72sqm, is set on a steep fall contour, enhancing its appeal with stunning views of the bay. The capital value has seen a significant increase of 59.48% from $1,160,000 in 2017 to $1,850,000 as of June 2021. HouGarden AVM estimates the property's worth at $1,832,500, closely reflecting the government's valuation. The latest sale history shows transactions at $1,400,000 in both 2020 and 2024, indicating a stable market for such a desirable property. This is an ideal opportunity to own a slice of paradise in one of Waiheke's most sought-after locations.
With a brand-new kitchen, an open-plan living area, and extensive decking that overlooks the sheltered Shelly Beach, this property is perfect for those seeking a tranquil beach house. The separate studio provides additional space for guests or a home office. Moreover, the property includes a mooring in front, which could be transferred to the new owner, adding to its unique value proposition.
For families with children, the property falls within a highly-rated school zone. The nearby schools offer a decile rating that is the envy of many, ensuring a quality education for your children.
Updated on November 13, 2024