Discover an exceptional investment opportunity at 496 Beach Road, Murrays Bay, Auckland - North Shore. This residential dwelling boasts a 220m2 floor area on a sprawling 1242m2 freehold section. The property features 4 bedrooms, a spacious living area conducive for teenagers or a home office, and accommodates 3 cars. Constructed in the 1970s with mixed materials for the walls and an iron roof, both in good condition, this property promises durability. Its contour presents an easy to moderate fall, enhancing its appeal and potential for development. The allure of a subtle sea glimpse and proximity to Murrays Bay beach adds to its desirability, making it a rare find indeed.
Since 2017, the capital value has surged by 36.06% from $1,525,000 to $2,075,000, reflecting its substantial growth potential. The HouGarden AVM estimates its value at $2,037,500, indicating a strong market perception. This property has a rich history of careful maintenance, including a re-roofing with marine grade colorsteel approximately 7 years ago. Its solid construction, complemented by a wood burner, mains gas central heating, and double glazing in key areas, ensures a comfortable living environment. The outdoor area, featuring a large patio and swimming pool, is perfect for relaxation and entertainment.
Education is a priority in this locale, with zoning for top decile schools such as Murrays Bay Primary School, Murrays Bay Intermediate, and Rangitoto College. This property is not just a home but a gateway to a prestigious educational journey for your family. Its location offers easy access to the city, whether by car or public transport, with two bus options available from the nearby beach. This property is a testament to the blend of lifestyle and potential, making it a must-see for developers, investors, or families seeking a spacious home in a sought-after neighbourhood.
Updated on March 22, 2024.