28 Paragon Avenue, Beach Haven, Auckland - North Shore

Nestled in the heart of Beach Haven, a rare 'Value for Money' opportunity presents itself on Paragon Avenue. This freehold property, set on a generous 673m2 section with an easy/moderate fall contour, boasts two 3-bedroom homes under one title. Constructed with a mix of wood and iron, the main house features open plan living, separate laundry, and a single garage, while the rear house offers a modern kitchen and a sunny deck. The property's CV has seen a significant increase from $870,000 in 2017 to $1,050,000 as of June 2021, reflecting a growth of 20.69%. The HouGarden AVM estimates the property's value at $1,025,000. Historically, the property sold for $545,000 in 2014 and $370,000 in 2006. With a current rental assessment of $660 per week for the main house and $640 for the rear, it's a perfect setup for a home and income. The location is further enhanced by being in the zones for Beach Haven School (Decile 4), Birkdale Intermediate (Decile 6), and Birkdale North School (Decile 5), all within walking distance.

Options are abundant: live in one and rent the other, accommodate extended family, or rent both for a double income opportunity. This is a no-brainer investment that should not be missed. The owner's instructions are clear - it must be sold. Be quick, as the winner will take it all.

Updated on August 02, 2024