Nestled moments away from the serene sands of Waiake Beach, this 5-bedroom, 2-carpark entertainment-focused residence is a testament to luxury living. Constructed in 2017 with wood exterior walls and an iron roof, both in good condition, the 270sqm floor area is set on a sprawling 1203sqm freehold section. The property's Capital Value (CV) has seen a remarkable increase of 44.05%, from $2,100,000 in 2017 to $3,025,000 as of June 2021. The HouGarden AVM estimates the property's worth at $2,997,500, while the latest sales were recorded at $2,550,000 in 2024 and $850,000 in 2015. The residence boasts a Poggenpohl-designed kitchen with top-tier appliances and is complemented by a butler's pantry, two living areas, and a 140sqm Kwila deck that overlooks the natural landscape. It is zoned for elite schools, including Long Bay College, Northcross Intermediate, and Torbay School, all with a decile rating of 10.
With potential for subdivision under new zoning regulations, this residence presents an opportunity for further development. The design brilliance is matched by the convenience of dual air conditioning, an Escea gas fire, and a double internal access garage. The property's exclusive access to a beachside walkway, proximity to boat ramps, and excellent transport links to the CBD, make it an exceptional choice for those seeking luxury, privacy, and potential.
Educationally, the property falls within a highly sought-after school zone, with Long Bay College being a Secondary school (Year 9-15) and both Northcross Intermediate and Torbay School offering a Contributing level of education, all boasting a perfect 10 decile rating.
Updated on November 27, 2024