Nestled in the prestigious Castor Bay, 30 Peter Terrace boasts a freehold property with stunning elevated sea views. This Residential - Dwelling, built in 1960, features 5 bedrooms, 2 carparks, and a floor area of 182 square meters on a land area of 814 square meters. The property is complemented by wood exterior walls and a well-maintained tile roof. With a CV of $1,710,000 as of June 2021, it has seen a remarkable increase of 29.06% from its $1,325,000 valuation in July 2017. The HouGarden AVM estimates the property at $1,640,000, while the latest sale in 2001 was for $338,000.
For investors, the property's location in the Mixed Housing Urban zone with existing wastewater and storm water connections presents immense development potential. It falls within the catchment of highly regarded schools, including Campbells Bay School (decile 10), Wairau Intermediate School (decile 7), Murrays Bay Intermediate (decile 10), Westlake Girls' High School (decile 9), and Westlake Boys' High School (decile 9), making it a prime choice for families.
Not only is the property close to the serene Castor Bay beach and local amenities, but it also offers easy access to Milford Village, Mairangi Bay Village, and motorway connections. This property is indeed a golden opportunity for those seeking their next venture.
Updated on October 22, 2024