2/24 Marina Road, Torbay, Auckland - North Shore

Nestled in a serene bush setting at 2/24 Marina Road, Torbay, this 2-bedroom, 1-bathroom residence with a single carpark presents an idyllic opportunity for first-time buyers. Constructed in 1999 with iron roofing and wooden walls in good condition, this cross-lease property offers an open-plan living area, a tidy kitchen, and a bathroom, complemented by beautiful timber floors and exposed beams. The property sits on an easy-to-moderate fall contour with a private, bush-clad garden, perfect for low-maintenance living. As for investment value, the capital value has seen a 27% increase from $740,000 in 2017 to $940,000 as of 2021, with a HouGarden AVM of $902,500 and a latest sale price of $840,000 in 2024, showing a promising growth trend. Moreover, being in a prime location, it falls within the decile 10 school zones of Long Bay College, Glamorgan School, Northcross Intermediate, and Torbay School, making it an ideal choice for families.

Updated on October 16, 2024