Nestled in the serene Torbay, Auckland, at 1/9 Tipau Street, this residential dwelling is a gem on a quiet cul-de-sac. It boasts 3 bedrooms, 2 carparks, and a generous floor area of 128 square meters. The property is built with sturdy wood walls and iron roofing, both in good condition. It sits on an easy/moderate fall contour and is under a cross-lease ownership. The capital value has seen a remarkable increase from $990,000 in 2017 to $1,700,000 as of 2021, reflecting a growth rate of 71.7%.
As per the latest property valuation, the HouGarden AVM estimates it at $1,582,500, while the latest sale history shows transactions at $1,770,000 in 2021 and $590,000 in 2011. This indicates a steady and impressive appreciation in value.
For families with school-going children, the property falls within the decile 10 school zones of Long Bay College (Secondary, Year 9-15), Northcross Intermediate, and Torbay School, ensuring access to some of the best educational institutions in the area.
Updated on May 29, 2024