Located at 9b Whangaparaoa Road, Red Beach, Auckland - Rodney, this unique property offers a rare opportunity for those looking to secure a substantial piece of land in a sought-after location. Classified as 'Residential - Vacant', the property spans 4000sqm with an easy/moderate fall contour. Despite the unknown specifics regarding the number of bedrooms, bathrooms, and the construction details of any existing structures, the land's potential is undeniable. Ownership is freehold, ensuring complete control over this sizable asset. The property's appeal is further enhanced by its proximity to both city and beachside living, offering a perfect balance for a lifestyle that enjoys the best of both worlds.
The financial trajectory of this property has shown promising growth, with the capital value increasing from $710,000 in July 2017 to $800,000 in June 2021, marking a 12.676% increase. This growth is supported by a HouGarden AVM estimate of $785,000. The last sale recorded was in November 2017 for $711,000, indicating a steady appreciation in value. This trend underscores the property's potential as a lucrative investment, especially for landbankers or those looking to develop their dream home in a prime location.
Education is a key consideration for many, and this property does not disappoint. It falls within the zones for Red Beach School and Whangaparaoa College, both of which boast a decile rating of 9. This ensures access to quality education, making it an ideal location for families. The surrounding area offers a blend of natural beauty and convenience, with easy access to amenities, entertainment, and leisure activities, including the Silverdale shopping mall and the popular Orewa Beach. The property's location and its potential for development make it an attractive option for those looking to create a bespoke lifestyle in a vibrant community.