Nestled high on the eastern edge of Cockle Bay, this impressive Home & Income property sits on a generous 1214 sqm of freehold land, boasting panoramic sea views that are sure to captivate. The property, with its 6 bedrooms (4 in the main home and 2 in the minor dwelling), 3 car parks, and a floor area of 230 sqm, is perfect for buyers seeking additional income or space for extended family. Constructed with a mix of materials for the walls and iron for the roof, this property is in good condition both inside and out. The capital value has seen a significant increase of 30.03%, from $1,615,000 in 2017 to $2,100,000 as of June 2021, while the HouGarden AVM estimates it at $1,955,000. This property is located in a prime school zone, with highly-rated schools such as Star of the Sea, Howick College, Somerville Intermediate, Shelly Park School, and Sancta Maria College all within reach.
With a CV increase that outpaces the market and a desirable location, this property presents a secure investment. The separate double garage with an attached studio and bathroom adds to the appeal, offering flexible space for a variety of uses. Whether you dream of coastal living with unobstructed views over the Turanga Estuary and the Hauraki Gulf, or you prioritize top-notch education and local amenities, this property is an opportunity not to be missed.
For families with children, the school network is second to none. Star of the Sea School and Shelly Park School are both contributing schools with a decile rating of 9 and 10 respectively, while Howick College and Sancta Maria College provide secondary education with decile ratings of 8 and 7. Somerville Intermediate School is also a decile 10 school, ensuring a high standard of education for all ages.
Updated on June 14, 2024