Nestled in the prestigious Herne Bay, this stately 6-bedroom, freehold property on 2,106sqm of prime land is a gem for developers, restorers, or investors. Constructed in 1900 with wood walls and tiled roof, this colonial homestead exudes vintage charm with its large entrance foyer, grand staircase, and sun-soaked verandahs. The property's Capital Value (CV) has seen a remarkable increase of 36.59% from $8.2 million in 2017 to $11.2 million as of June 2021. The HouGarden AVM estimates it at $7.9795 million, while the latest sale in 2018 was for $7.616 million. This property, in a quiet cul-de-sac, is minutes from the beach, shops, and the CBD. It's in the decile 8 Western Springs College zone, with easy access to Bayfield School (decile 10), Ponsonby Intermediate (decile 9), and Auckland Girls' Grammar School (decile 3).
With a CV price under $3.25 million, this is an opportunity not to be missed!
Updated on July 26, 2024