Nestled in the heart of Point Wells, this charming freehold property boasts a prime location and a rich history of value appreciation. The 3-bedroom, 1-carpark home, built in 1990 with roughcast walls and iron roofing, stands on a flat 809sqm section with a well-maintained garden. The property's Capital Value (CV) has seen a remarkable increase of 51%, from $1,275,000 in 2017 to $1,925,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,254,500, while the latest sale in 1990 was for $114,000. The home is in a level contour, with good wall and roof conditions, and a floor area of 210sqm. It is served by the high-performing Matakana School (Decile 9) and Mahurangi College (Decile 7), ensuring quality education for the family.
With a CV growth rate that outpaces the market, this property presents a sound investment opportunity. The spacious indoor-outdoor flow leads to an established garden and large lawn, perfect for children of all ages. The main living area downstairs opens to a covered deck, and an additional living space upstairs could serve as a fourth bedroom. The single garage with an auto door opener and internal access, along with ample off-street parking, completes the package of this irresistible coastal property.
Located in a quiet cul-de-sac, the residence is an ideal blend of comfort and convenience, with easy access to nearby beaches, coastal walks, and diving spots. This is not just a home; it's an invitation to embrace the natural beauty of the Matakana, Point Wells, and Leigh area.
Updated on April 18, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.25 km | 2 | 1 | 150m2 | Year 2024 Month 11 Day 01 | $1,720,000 | Council approved | |
 | 0.31 km | 4 | 2 | 204m2 | Year 2024 Month 10 Day 24 | - | Council approved | |
 | 3.28 km | 2 | 102m2 | Year 2024 Month 09 Day 04 | $1,680,000 | Council approved | ||
 | 3.32 km | 3 | 1 | 96m2 | Year 2024 Month 08 Day 30 | $1,300,000 | Council approved | |
 | 0.31 km | 3 | 2 | -m2 | Year 2024 Month 07 Day 31 | $1,300,000 | Council approved |