Nestled in the serene Red Beach, Auckland, lies a charming 2-bedroom, 1-bathroom home with a single carpark, built in 1981. This residential gem with a brick exterior and tiled roof is set on an easy-to-moderate fall contour and is governed by a Cross-Lease title. The property's Capital Value (CV) has seen a rapid increase from $620,000 in July 2017 to $860,000 as of June 2021, reflecting a growth of 38.71%. The HouGarden AVM estimates the property's worth at $852,500, while the latest sale was recorded in 1997 for $190,000.
With a CV on the rise and a prime location, this property is a catch for investors and families alike. The government-estimated value surge is a testament to the area's desirability. The latest sale history and AVM figures provide a solid financial backdrop for potential buyers.
For families with school-aged children, the property falls within the zones of Orewa College, Red Beach School, and Whangaparaoa College, all boasting a decile rating of 9. This indicates a high standard of education in the area. Embrace the opportunity to live in a sought-after school zone, mere steps from the beach and local amenities.
Updated on November 29, 2024