Nestled at 17 Bay Road, Ostend, Auckland, this charming residential dwelling on a freehold title is a gem in the making. Built in 1980 with a solid fibrous cement exterior and iron roof, both in good condition, the property boasts 2 bedrooms, 1 bathroom, and a modest yet functional 64 square meters of floor area. The 926 square meter section enjoys an easy/moderate fall contour, perfect for the leisurely island lifestyle Waiheke offers.
Since 2017, the Capital Value (CV) has seen a growth of 33.33%, reaching $1,000,000 as of June 2021. The HouGarden AVM estimates the property at $960,000, while the latest sales history shows an upward trend from $565,000 in 2014 to $785,000 in 2019. This trend highlights the property’s potential as a sound investment.
For families with children, the Waiheke Primary School, a full primary with a decile rating of 7, is a significant draw. The property is centrally located, with Palm Beach’s golden sands and the vibrant local amenities just a short stroll away, making it an ideal blend of relaxation and convenience.
Updated on October 21, 2024