Located at 7 Penton Road, Stanmore Bay, Auckland - Rodney, this freehold property spans 809sqm and features a 257sqm dwelling with 4 bedrooms, a spacious layout, and 1 carpark. Constructed in the 1970s with wood walls and an iron roof, both in good condition, it offers a blend of durability and charm. The property's contour is described as easy/moderate fall, making it both appealing and practical for families. The home has been fully refurbished, including new timber flooring, and boasts an open-plan living area, a modern kitchen with French doors leading to a covered patio, and a large master bedroom with ensuite. Additionally, it offers potential for extra income through Airbnb or extended family living with its internal access to a fourth bedroom, second living area, and laundry.
The property has seen a significant increase in capital value, from $800,000 in July 2017 to $960,000 in June 2021, marking a 20% growth. The HouGarden AVM estimates its value at $945,000. Its sale history includes transactions at $765,000 in November 2016 and $417,000 in March 2007. This demonstrates a steady and impressive appreciation over time, highlighting its investment potential.
Education is a priority, and this property is zoned for top-rated schools: Stanmore Bay School (decile 8) and Whangaparaoa College (decile 9), both renowned for their quality education. Its location offers easy access to amenities, including restaurants, shops, bus stops, and the Leisure Centre, with the added benefit of nearby beaches and the upcoming Penlink project enhancing accessibility. This property is not just a home but a lifestyle choice for those seeking comfort, convenience, and a touch of luxury.