559a Beach Road, Murrays Bay, Auckland - North Shore

Nestled in the picturesque Murrays Bay, this charming 3-bedroom, 2-bathroom brick residence on a freehold title boasts an impressive 160sqm floor area and is set on a generous 553sqm section. Constructed in 1960, the home features average-condition brick walls and tiled roofing. It is equipped with a heat pump for year-round comfort and offers a peaceful retreat from the road in a quiet cul-de-sac. The property has seen a Capital Value (CV) increase to $1,300,000 as of June 2021, reflecting a significant appreciation. The HouGarden AVM estimates the property's value at $1,245,000, making it an attractive investment opportunity.

With a rich history, the property's recent sale history and the government's valuation reflect a promising growth trend. The CV has shown a substantial increase over the years, indicating a steady capital gain. This is further supported by the property's AVM, which is slightly below the CV, suggesting a potential for growth in the market.

Located within the highly sought-after school zones of Northcross Intermediate, Murrays Bay Intermediate, Murrays Bay School, and Rangitoto College, all decile 10 institutions, this home is perfect for families seeking top-notch education for their children. The property's proximity to the beach, sailing club, and coastal walkways adds to the appeal, offering a lifestyle that is both serene and convenient.

Updated on October 25, 2024