Nestled on the coveted lower slopes of Balmoral Hill, this 390m2 floor area, 5-bedroom residence boasts an impressive CV of $1,510,000 as of August 2022. Constructed in 1998 with Roughcast walls and an Iron roof, this Freehold property is in good condition both inside and out. The capital value has seen a remarkable increase of 39.8% from $1,080,000 in August 2019. The property sits on an 898m2 section with a 3-car park and enjoys an easy/moderate rise contour, enhancing its stunning coastal environment outlook.
With a HouGarden AVM of $1,424,500 and a latest sale history of $140,000 in 1997, this property presents a golden opportunity for investors. The government valuation growth and the property's potential are clear indicators of a sound investment.
For families, the property falls within the zones of several high-ranking schools, including Te Raekura Redcliffs School with a decile of 10, Middleton Grange School with a decile of 9, and Hillview Christian School with a decile of 7, ensuring access to quality education.
Updated on November 21, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.04 km | 5 | 4 | 356m2 | 2024 10 25 | - | Council approved | |
 | 0.14 km | 3 | 2 | -m2 | 2024 10 18 | - | Council approved | |
 | 0.31 km | -m2 | 2024 10 07 | - | Council approved | |||
 | 0.31 km | 4 | 0m2 | 2024 07 23 | $670,000 | Council approved | ||
 | 0.10 km | 4 | 3 | 240m2 | 2024 06 21 | $1,242,000 | Council approved |