Nestled on the high side of Braemar Road in the esteemed suburb of Castor Bay, this freehold property is a gem for both investors and families. Constructed in 1961 with mixed materials for the walls and iron for the roof, the home offers 5 bedrooms, ample living spaces, and a floor area of 280 square meters on an 806 square meter site. The property has seen a CV increase of 32.29% from $1,595,000 in 2017 to $2,110,000 as of June 2021, reflecting its growing value. The HouGarden AVM estimates the property at $1,930,000, making it an attractive opportunity for those seeking a sound real estate investment. With a view of the sea and a quiet cul-de-sac location, it's perfect for a growing family.
For educational pursuits, the property is zoned for top-rated schools such as Campbells Bay School (decile 10), Wairau Intermediate School (decile 7), and both Westlake Boys' and Girls' High Schools (decile 9), ensuring a quality education for the children. The home, while needing modernization, holds immense potential for renovation, offering the chance to transform it into your dream residence.
With easy access to Milford, Takapuna, and motorways, and with the Castor Bay Beach and local amenities just a short walk away, this property presents an unparalleled opportunity to secure a prime piece of real estate in a highly sought-after area.
Updated on December 13, 2024