86 Parr Terrace, Castor Bay, Auckland - North Shore

Nestled in the serene Castor Bay, Auckland, this exquisite property at 86 Parr Terrace is a gem that combines the comfort of a family home with the potential for additional income. The freehold property boasts 6 bedrooms, 3 bathrooms, and 3 car parks, spread across a floor area of 262sqm on a generous 766sqm section. Constructed with mixed materials for both the walls and roof, this dwelling enjoys a versatile layout and stunning sea views. The recent government valuation reflects a capital value of $2,700,000 as of June 2021, marking a significant increase of 24.14% from the $2,175,000 valuation in July 2017. The HouGarden AVM estimates the property's worth at $2,470,000, while the latest sales history shows a progression from $1,027,000 in 2012 to $1,505,000 in 2013.

For families with school-aged children, the property falls within the highly sought-after zones of Westlake Boys' and Girls' High Schools, both with a decile rating of 9, as well as Campbells Bay School and Murrays Bay Intermediate, both rated 10. The location ensures access to quality education and is a significant draw for many families.

With its legal, separate 2-bedroom income house, this property presents a unique opportunity to generate income while enjoying the privacy and comfort of a main residence. The main house features four bedrooms, including a master with a walk-in wardrobe, two living areas, a rumpus room, and two and a half bathrooms. The income house is self-contained with its own driveway, offering two bedrooms, a bathroom, and open-plan living. Enjoy the tranquility of a quiet cul-de-sac while being minutes away from top-notch schools and the vibrant city life.

Updated on December 09, 2024