1050 Hibiscus Coast Highway, Waiwera, Rodney

Nestled along the picturesque Hibiscus Coast Highway, this stately 6-bedroom, freehold property on 1555m2 of land is a gem waiting to be polished. Constructed with robust brick walls and tiled roofing, the 488m2 floor area is a testament to the craftsmanship of a family of builders, completed in the turn of the millennium. The property stands as a familiar landmark for travelers and beachgoers, offering a serene escape with its steep fall contour and unobstructed views. Since its last sale in 1982, the estate now presents a unique opportunity for transformation, with a government valuation (CV) that has seen a 14.13% increase from $1,380,000 in 2017 to $1,575,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,562,500, making it an attractive prospect for investors and homeowners alike.

History and potential are intertwined in this property, which boasts a CV growth that speaks volumes about its future value. The recent sales history and the property's AVM reflect a consistent and promising trend in the real estate market. With its strategic position, this residence not only promises privacy and luxury but also a smart investment with a clear trajectory of appreciation.

For families with school-aged children, the property falls within the zones of both Orewa Beach School, a contributing school with a decile rating of 7, and Orewa College, a secondary school with a decile rating of 9. Education and convenience are at the forefront, ensuring a quality lifestyle that complements the grandeur of the property. Here, you're not just purchasing a home; you're investing in a legacy that's as enduring as the bricks and tiles that make up this impressive structure.

Updated on November 14, 2024