Nestled in the serene Penzance Road of Mairangi Bay, Auckland, is a charming 4-bedroom property with a CV of $1,725,000 as of June 2021. This cross-lease home, built in 2000, boasts wood exterior walls and a tile roof in good condition. It sits on a site with an easy/moderate fall contour and offers a floor area of 214sqm, along with 2 car parks. Since July 2017, the property has seen a CV increase of 7.8125%. The latest sale history includes a transaction in 2013 for $875,000 and another in 2001 for $185,000. HouGarden AVM estimates the property's value at $1,710,000.
With a rich history of valuation growth, this property is not just a home but a sound investment. The government's assessment reflects a consistent rise in capital value, promising a secure financial future.
For families with school-aged children, this property falls within the decile 10 zones of Murrays Bay Intermediate, Murrays Bay School, and Rangitoto College. These highly-rated educational institutions ensure a quality education for your children.
Updated on November 15, 2024