Nestled on a generous 1623m2 of freehold land with a broad 33m street frontage, this remarkable property at 18 Montgomery Avenue, Rothesay Bay, Auckland - North Shore, is a Residential - Home & income opportunity. It boasts 6 spacious bedrooms, 6 carparks, and a floor area of 512m2. The exterior walls, crafted from wood, are in good condition, as is the tiled roof. The property enjoys an easy/moderate fall contour and is north-facing, capturing stunning sea views. The government’s capital value as of June 2021 is $3,650,000, while HouGarden AVM estimates it at $3,337,500. This prime location has seen a consistent rise in CV, making it an attractive investment. Additionally, it's in a sought-after school zone, with Northcross Intermediate, Browns Bay School, Murrays Bay Intermediate, and Rangitoto College - all decile 10 institutions.
History shows a promising trend with the property’s capital value increasing over the years, and recent sales in the area supporting the growth. This is one of the largest land parcels offered for sale in this coastal area, presenting an outstanding development opportunity.
For families, the school network is second to none. Zoned for high-performing schools, including Browns & Murrays Bay Primary, Murrays Bay & Northcross Intermediate, and the esteemed Rangitoto College, education is at the heart of this community. The property is mere minutes from Rothesay Bay’s shops, cafes, and public transport, offering convenience alongside the serene coastal lifestyle.
Updated on December 13, 2024