22 Summit Drive, Torbay, Auckland - North Shore

Located at 22 Summit Drive, Torbay, Auckland - North Shore, this exceptional property features 4 bedrooms, a spacious floor area of 253m2, and sits on a generous 921m2 of level, freehold land. The home, constructed in 1970 with wood walls and an iron roof, both in good condition, is categorized as Residential - Vacant land multiple housing. This two-level family abode offers not only breathtaking sea views of the Hauraki Gulf but also a swimming pool and ample parking, highlighting the potential for further development without the need to remove the existing home.

From a financial perspective, the property has seen a significant increase in capital value, from $1,525,000 in July 2017 to $1,975,000 in June 2021, marking a 29.51% growth. The latest HouGarden AVM estimates the property's value at $1,892,500. Historical sales data reveals a sale for $430,000 in July 2002 and $320,000 in May 1994, demonstrating substantial value appreciation over time.

Education is a priority, and this property does not disappoint, being zoned for top-tier schools including Long Bay College, Glamorgan School, and Northcross Intermediate, all boasting a decile rating of 10. This ensures access to high-quality education, making it an ideal location for families.

Updated on April 06, 2024