392a Hibiscus Coast Highway, Orewa, Auckland - Rodney

Located at 392a Hibiscus Coast Highway, Orewa, Auckland - Rodney, this modern residence is a testament to contemporary living with its 3 bedrooms, Unit Title ownership, and a floor area of 104m². Constructed in 2021 with mixed materials for walls and an iron roof, both in good condition, this property stands on a level contour, offering a blend of durability and aesthetic appeal. The property falls under the Residential - Ownership home units category, featuring 2 dedicated car parks and is uniquely positioned as a corner lot within a gated complex, enhancing both privacy and outdoor space availability.

The property has seen a significant capital value increase from $870,000 in July 2017 to $1,125,000 in June 2021, marking a 29.31% growth. The latest sale recorded on January 21, 2024, was at $1,083,000, slightly below the HouGarden AVM of $1,077,500, indicating a strong market presence. This residence not only promises a lucrative investment opportunity with Airbnb and rental options but also comes with the assurance of a building warranty, covering the best part of 10 years.

Education is well catered for with Orewa Beach School (Contributing, decile 7) and Orewa College (Secondary (Year 7-15), decile 9) within the vicinity, ensuring quality learning environments for residents. The property's location directly across the beach and a mere 5-minute stroll from Orewa town offers an affordable beach lifestyle, making it an ideal choice for families and investors alike.

Updated on April 06, 2024.