Nestled on a generous 515 square meter section, this freehold property at 75 Kumukumu Road, Long Bay, Auckland - North Shore, offers a promising investment in a tranquil cul-de-sac. While the specifics of the exterior walls and roof construction remain unknown, the property's easy to moderate fall contour suggests a potentially picturesque landscape. The absence of details regarding the number of bedrooms, bathrooms, and carparks adds an air of mystery to this vacant residential lot.
With a government valuation (CV) of $890,000 as of June 2021, the property's value has shown a significant leap, as evidenced by the latest sale price of $1,050,000 on February 19, 2024. The HouGarden AVM estimates the property's worth at $852,500, hinting at a rapid capital value increase that's sure to catch the eye of savvy investors.
For families with educational concerns, the property falls within the zones of highly rated schools. Long Bay College, a secondary school (Year 9-15) with a decile rating of 10, is in close proximity. Additionally, both Long Bay School and Northcross Intermediate, also with decile ratings of 10, offer exceptional educational opportunities for younger students.
Updated on April 10, 2024