52 Bay Street, Red Beach, Auckland - Rodney

Nestled in the prime location of 52 Bay Street, Red Beach, Auckland - Rodney, this 3-bedroom, 1-bathroom residential dwelling is a charming find. Constructed in 1970 with fibrous cement walls and an iron roof, it sits on an easy/moderate rise contour. The property is under a Cross-Lease ownership, offering a carport and off-street parking. The capital value has seen a significant increase from $670,000 in 2017 to $950,000 as of June 2021, marking a 41.79% growth. The HouGarden AVM estimates it at $940,000, while the latest sales were at $365,000 in 2012 and $320,000 in 2005.

With a CV increase that outpaces the market, this property is not just a home but a sound investment. Recent renovations include a new kitchen, carpets, LED lighting, and a fresh coat of paint, making it ready for a quick move-in. The sun-drenched deck is perfect for summer leisure, just 600m from the sandy Red Beach and 500m from local shops. It falls within the decile 9 school zones of Red Beach School and Whangaparaoa College, ensuring top-notch education for the family.

Whether you're a first-time buyer, investor, or seeking a weekend retreat, this coastal gem is a rare opportunity. It's no wonder investors are cashing out on this property, which is now sold.

Updated on December 02, 2024