Embracing the essence of coastal living, this inviting one-bedroom residence on 845m2 of freehold land at 247 Mahurangi East Road, Snells Beach, Auckland - Rodney, is a gem waiting to be polished. Constructed with durable fibrous cement walls and an iron roof in 1980, both in good condition, the property exudes warmth and potential. The open plan living area and sea views promise a lifestyle of relaxation and comfort. Historically valued at $445,000 in 2017, the property's capital value has surged by 50.56% to $670,000 as of June 2021, showcasing a rapid growth potential. The HouGarden AVM estimates the property's worth at $640,000, making it an attractive prospect for investors and homeowners alike.
With a CV increase that outpaces the market average, this property also boasts a recent sale history that speaks to its desirability. The generous section allows for further development, whether through renovation or rebuilding, a common occurrence in the picturesque Snells Beach area. The property is situated in a quiet cul-de-sac, providing ample off-street parking and space for outdoor pursuits. It's an ideal opportunity for first-time buyers or those seeking a weekend retreat.
Educationally, the property falls within the zones of both Mahurangi College (Secondary, Decile 7) and Snells Beach Primary School (Contributing, Decile 6), ensuring quality education options for families. This deceased estate presents a unique chance to create new memories and secure a prime piece of coastal real estate.
Updated on October 25, 2024