17 Relko Crescent, Torbay, Auckland - North Shore

Nestled in the serene Relko Crescent of Torbay, Auckland, this freehold property on a spacious 1024m2 site is a gem for the discerning buyer. The 1973-built home boasts 6 bedrooms, 2 carparks, and a substantial floor area of 200m2. With exterior walls crafted from wood and an iron roof in good condition, the property is perfect for those seeking a prime development site or a renovation project. The site, backing onto Awaruku Reserve and situated in a quiet cul-de-sac, offers a peaceful and private setting.

Since 2017, the capital value has seen a significant increase of 41%, from $1,100,000 to the current $1,550,000 as per the latest government valuation. The HouGarden AVM estimates the property's worth at $1,515,000, while the latest sale in 1991 was for $172,000. This is a golden opportunity to transform this rough diamond into a lucrative investment.

For families with school-aged children, the property falls within the decile 10 zone for both Long Bay College (Secondary, Year 9-15) and Long Bay School (Contributing), as well as Northcross Intermediate. These top-rated schools are a significant draw for families looking to settle in a quality educational area.

Updated on August 20, 2024