Nestled in the coveted locale of Orewa, at 33f Florence Avenue, lies this charming 3-bedroom apartment, built in 2003 with concrete walls and an iron roof, both in good condition. This unit title property offers 88 square meters of floor area, with 2 carparks and a modern kitchen, complemented by a combined lounge/dining area that opens to a delightful entertaining deck. The upper level boasts a spacious master bedroom, which could double as a second lounge, complete with an ensuite. The property is centrally located, within walking distance to shops, dining, beaches, parks, and schools, and is served by the highly-rated Orewa Beach School and Orewa College with respective deciles of 7 and 9. The latest sale history shows transactions at $748,000 in 2024 and $745,000 in 2021, while the current HouGarden AVM estimates the property at $825,000. Notably, the capital value has increased from $720,000 in 2017 to $830,000 in 2021, marking a growth of 15.28%.
With a capital value on the rise and a prime location in a quiet cul-de-sac, this property presents a sound investment opportunity. Move-in costs include a 3-week bond, 1 week rent in advance, and a let fee, all subject to GST. Prospective viewers are advised to register for viewing appointments to ensure confirmation.
Educationally, the property falls within a highly sought-after school zone, with the Orewa Beach School offering a contributing primary education and Orewa College providing secondary education from Year 7 to 15, both boasting impressive decile ratings.
Updated on November 06, 2024