Nestled at the end of a quiet cul-de-sac, 11 Babington Place is a charming residential dwelling on a spacious 743m2 freehold section. Constructed in 1976 with fibrous cement walls and tiled roofing, this 4-bedroom home, including a separate studio sleepout, offers privacy and comfort with an average wall and roof condition. The property, with a floor area of 140m2, is complemented by a single carpark and a steep rise contour, enhancing its coastal appeal. The capital value has seen a significant increase of 22.34% from $940,000 in 2017 to $1,150,000 as of June 2021. HouGarden's AVM estimates the property at $1,067,500, while the latest sales were recorded at $1,015,000 in 2018 and $457,000 in 2008.
For families with children, the property falls within the decile 10 school zones of Long Bay College (Secondary, Year 9-15), Long Bay School (Contributing), and Northcross Intermediate, ensuring access to high-quality education. This property not only offers a convenient lifestyle with nearby Long Bay Beach and the amenities of Torbay, but also presents a sound investment opportunity with substantial capital value growth.
Whether you're looking for a family home or an investment to subsidize your mortgage, this property is a winner for beginners and experienced investors alike. Don't miss the chance to secure this slice of paradise in Auckland's North Shore.
Updated on May 17, 2024