3/448 Hibiscus Coast Highway, Orewa, Auckland - Rodney

Nestled in a serene cul-de-sac at 3/448 Hibiscus Coast Highway, Orewa, Auckland, this 1995-built residential dwelling boasts 3 bedrooms, 2 carparks, and a floor area of 170sqm. The property, with its brick exterior walls and tiled roof, both in good condition, is set on a level contour and holds a Cross-Lease title. Since 2017, the Capital Value (CV) has seen a growth of 30.56%, increasing from $900,000 to the current $1,175,000 as of June 2021. The HouGarden AVM estimates the property's value at $1,165,000, while the latest sales history shows a progression from $602,000 in 2007 to $685,000 in 2016.

With a CV increase that outpaces the market average, this property is not just a home but a sound investment. The generous living spaces enjoy sunlight throughout the day, and the kitchen serves as the heart of the home. The master suite, complete with an ensuite and walk-in wardrobe, is conveniently located on the ground floor, while the other two bedrooms are upstairs. The location is second to none, with the beach merely steps away and the amenities of Orewa a short stroll from the doorstep.

For families with school-aged children, the property falls within the zones of Orewa Beach School, a contributing school with a decile rating of 7, and Orewa College, a secondary school with a decile rating of 9. This combination of lifestyle, investment potential, and educational opportunities makes it a prime opportunity not to be missed.

Updated on November 15, 2024