Nestled on an elevated ridge at 43 Otitori Bay Road, Titirangi, this exquisite freehold property boasts 5 bedrooms, 3 car parks, and a floor area of 345 square meters on a vast land of 6284 square meters. Constructed in 2016 with solid brick walls and an iron roof in good condition, the residence enjoys an easy/moderate rise contour, greeting the sunrise from its north-east orientation and basking in sunlight all day. The property, with a current Capital Value (CV) of $2,375,000, has shown a remarkable growth of 17.87% since 2017, reflecting its escalating worth. The HouGarden AVM estimates the property's value at $2,312,500, while the latest sale history includes transactions in 2016 and 2005, highlighting the property's consistent appeal.
As for the government valuations, the property has seen a steady increase, reflecting the desirability of this Titirangi gem. The schools in the zone are a testament to the area's educational excellence, with Titirangi School achieving a decile of 10, Glen Eden Intermediate at 7, and Green Bay High School at 8. This home not only offers panoramic views and a serene setting but also stands as an investment in a prime educational zone.
With its spacious layout, luxury finishes, and a self-contained living space that currently generates $575 per week, this residence is perfect for extended family living, Airbnb opportunities, or a sophisticated home office. The beautifully landscaped grounds with sub-tropical plantings and terraced gardens further enhance the appeal of this property, making it one of the finest in not just Titirangi but all of West Auckland.
Updated on July 31, 2024