500 Point Chevalier Road, Point Chevalier, Auckland

Nestled on Point Chevalier Beach, this prime freehold property boasts 6 bedrooms and 5 carparks, with a floor area of approximately 303m2 on a vast 805m2 section. Constructed in 1970, the residence features wood exterior walls and an iron roof, both in average condition. The property's capital value has seen a rapid increase of 29.87% from $3,850,000 in 2017 to $5,000,000 as of June 2021. Additionally, the HouGarden AVM estimates the property's worth at $3,429,500, while the latest sale was recorded in 1994 for $527,500.

With a CV growth rate that outpaces the market average, this property presents a sound investment opportunity. It is situated in a sought-after location, with convenient access to Westmere, Herne Bay, Ponsonby, and Grey Lynn. The versatile layout, currently configured as two 3-bedroom homes with a double garage, offers potential for renovation and redecoration to suit any lifestyle dreams.

For families with school-aged children, the property falls within the zones of highly-rated schools such as Pasadena Intermediate (Decile 8), Pt Chevalier School (Decile 10), and Western Springs College (Decile 8), ensuring access to quality education.

Updated on December 11, 2024