Nestled at 1/12 Masefield Street in the serene Cockle Bay, this residential dwelling is a coastal haven. Constructed in 1950 with wood walls and an iron roof in good condition, it sits on an easy/moderate fall property. The 4-bedroom, 2-carpark home with an open plan living space and stunning wooden floors is perfect for entertaining, thanks to its expansive covered deck with a built-in BBQ, gas fire, and TV. The addition of a heated pool and spa in the private outdoor oasis elevate the living experience. As for the financials, the property's capital value has seen a 24.49% increase from $1,225,000 in 2017 to $1,525,000 in 2021. The HouGarden AVM estimates it at $1,460,000, and the latest sales were at $1,150,000 in 2019 and $657,000 in 2008. This Cross-Lease property is not just about luxury; it's about being in a prime school zone. The nearby schools include Cockle Bay School (Decile 10), Star of the Sea School (Decile 9), Howick College (Decile 8), and more, ensuring a quality education for the family.
Updated on October 18, 2024