Nestled on a generous 607sqm freehold section at 261 Lake Road, Belmont, this 3-bedroom, 1-carpark residence exudes charm with its brick exterior and tiled roof, built in the1930s. The property boasts an average wall and roof condition, sitting on a contour with an easy/moderate fall. It's a perfect blend of timeless character and modern comfort, with a floor area of 114sqm. Since 2017, the Capital Value (CV) has seen a remarkable increase of 63%, reaching $1,595,000 as of June 2021. The HouGarden AVM estimates the property at $1,485,000, while the latest sale history shows a significant jump from $666,500 in 2012 to $1,143,000 in 2019.
With a CV increase that outpaces the market, this property is not just a home but a sound investment. It's located in a prime school zone, with decile 10 schools such as Takapuna Grammar, Belmont Intermediate, Belmont School, and Hauraki School within walking distance. The serene cul-de-sac street adds to the appeal, offering a peaceful retreat while being conveniently close to beaches, public transport, and shops.
Here, you'll enjoy the ease of single-level living, with an open plan kitchen and dining flowing into serene outdoor entertaining areas. The fenced front yard and outdoor fireplace provide a safe and cozy space for children and pets. Ample parking and a timeless design make this residence a haven where memories are just waiting to be made.
Updated on July 09, 2024