16 Margate Road, Blockhouse Bay, Auckland

Nestled in a serene cul-de-sac at 16 Margate Road, Blockhouse Bay, Auckland, this freehold property boasts a modern design perfect for family living. Constructed with wood exterior walls and tile roofing, the 323sqm two-level residence, built in 2023, offers four bedrooms, one bathroom, and two car parks. The property sits on a level 383sqm section with good wall and roof conditions, exuding a sense of newness and luxury.

With a current Capital Value (CV) of $1,600,000 as of June 2021, the property's value has seen a significant increase, reflected in the latest sale price of $2,000,000 on April 22, 2023. The HouGarden AVM estimates the property's worth at $1,465,000, showcasing a rapid growth percentage in capital value. This is a clear indicator of the property's investment potential.

For families with school-aged children, the property falls within the zones of Glenavon School, a Full Primary with a decile rating of 1, and Lynfield College, a Secondary school (Year 9-15) with a decile rating of 6. These educational institutions are a testament to the quality of the local school network.

Updated on December 06, 2024