1/618 East Coast Road, Pinehill, Auckland - North Shore

Welcome to your new home at 1/618 East Coast Road, Pinehill, Auckland - North Shore. This charming residential dwelling features 3 bedrooms, 1 bathroom, and a single carpark, with a floor area of 73m². Constructed in the 1950s, this weatherboard bungalow with an iron roof sits on a cross-lease title. The property boasts wooden floors throughout, offering a warm and elegant atmosphere. Despite its age, with average conditions of both wall and roof, and an easy/moderate fall contour, it presents a fantastic opportunity for renovation and customization.

Since 2017, the capital value of this property has seen a significant increase from $930,000 to $1,125,000 in 2021, marking a 20.97% growth. The HouGarden AVM estimates its value at $1,077,500. The latest sale in February 2024 was at $870,000, showing a substantial growth from its 2011 sale price of $437,500. This property's value has consistently grown, making it an attractive investment opportunity, especially considering its prime location in the Rangitoto School Zone.

Speaking of location, this property is situated in a highly coveted school zone, ensuring access to top-tier educational institutions including Northcross Intermediate, Pinehill School (Browns Bay), Murrays Bay Intermediate, and Rangitoto College, all of which boast a decile rating of 10. This makes it an ideal home for families prioritizing education.

Updated on April 05, 2024.