1/1a Scarboro Terrace, Murrays Bay, Auckland - North Shore

Nestled in the esteemed Murrays Bay, on 1/1a Scarboro Terrace, this 1960s residential dwelling boasts 3 bedrooms, a single carpark, and a floor area of 140 square meters. Constructed with wood walls and an iron roof, both in good condition, the property sits on an easy/moderate rise contour. It holds a Cross-Lease title, adding to its unique character. The government's capital value (CV) as of June 2021 is $1,400,000, while the HouGarden AVM estimates it at $1,305,000, indicating a potential growth opportunity.

History shows a consistent rise in the property's CV, with a notable increase over the recent years. The latest sale price reflects the high demand for properties in this blue-chip area. The capital value growth percentage is a testament to the investment potential of this home.

For families with school-aged children, the property falls within the decile 10 zone for Murrays Bay Intermediate, Murrays Bay School, and Rangitoto College. This ensures access to some of the best educational facilities in the region, all within walking distance.

Updated on May 22, 2024