Located at 5 Scott Road, Stanmore Bay, Auckland - Rodney, this property presents a unique opportunity for builders and DIY enthusiasts. This residential property, classified as 'Residential - More than one dwelling', features a floor area of 137 square meters on a substantial freehold land area of 809 square meters. Constructed in 1950 with wood walls in good condition and an iron roof also in good condition, the property contours to an easy/moderate fall. Originally a 2-bedroom, 1-bathroom home, it has been extended to include 2 additional bedrooms, another bathroom, and a laundry downstairs. The extension was carried out with a building consent, though the final inspection and CCC are pending completion.
The property's capital value has seen a significant increase, from $740,000 on July 1, 2017, to $950,000 on June 1, 2021, marking a 28.38% growth. The latest HouGarden AVM estimates the value at $935,000. Historically, the property was sold for $482,500 in June 2007 and $198,000 in January 1997. This property is not just a home but an investment opportunity with its value consistently on the rise.
For families considering education options, the property is zoned for Stanmore Bay School, a contributing school with a decile rating of 8, and Whangaparaoa College, a secondary school (Year 7-15) with a decile rating of 9. This makes it an ideal location for families with school-age children, offering quality education options nearby.
Updated on March 27, 2024.