2/72 Beach Road, Castor Bay, Auckland - North Shore

Located at 2/72 Beach Road, Castor Bay, Auckland - North Shore, this residential dwelling boasts four bedrooms, a generous floor area of 270 square meters, and parking space for two cars. Constructed in 1995 with roughcast walls and tile roofing, both in good condition, this property sits on a steep rise contour and is under a Cross-Lease ownership type. Its prime location just across from Castor Bay Beach offers stunning views and an unparalleled lifestyle.

The property has seen a capital value increase of 17.65% from $1,445,000 in July 2017 to $1,700,000 in June 2021, with a HouGarden AVM of $1,625,000. The latest sale was recorded on February 15, 2024, for $1,110,000, significantly lower than its government and market valuations, indicating a potentially lucrative investment opportunity. The property's capital value has consistently appreciated, reflecting its desirability and the area's growth.

Zoned for exceptional schools including Campbells Bay School (decile 10), Murrays Bay Intermediate (decile 10), Westlake Girls' & Boys' High School (both decile 9), and Wairau Intermediate School (decile 7), this property promises an excellent educational environment. Its location and school zoning make it an ideal family home with access to top-tier education.

Updated on April 05, 2024.