Nestled on an elevated site at 1/6 Honeysuckle Lane, Mairangi Bay, this 1992-built, iron-roofed, wood-clad home exudes prime living. It boasts 3 bedrooms, 2 carparks, and a floor area of 160sqm, all within a Cross-Lease title. The property, with its Good wall and roof conditions, is set on a contour with an easy/moderate rise, enhancing its appeal. As for its value, the capital value has seen a 12.9% increase from $1,240,000 in 2017 to $1,400,000 in 2021. The HouGarden AVM estimates it at $1,407,500, while the latest sales were at $1,260,000 in 2020 and $880,000 in 2014.
With a CV of $1,400,000, this property is not just a home but a sound investment. The government valuations reflect its consistent rise in worth, making it an attractive prospect for buyers. The property's recent sale history further underscores its growing value in the market.
For families with children, the decile 10-rated schools are a significant draw. Murrays Bay Intermediate, Murrays Bay School, and Rangitoto College are all within reach, ensuring top-notch education. This home is not just about numbers; it's about living in a serene cul-de-sac, enjoying coastal views, and being part of an esteemed school community.
Updated on September 23, 2024