333 Cowes Bay Road, Waiheke Island, Auckland

This rare piece of land located at 333 Cowes Bay Road, Waiheke Island, Auckland - City, is a lifestyle - vacant category property that promises an exceptional opportunity for those looking to secure a piece of paradise. The property boasts a massive, private 5,868m2 section that is surrounded by beautiful native bush, featuring a cleared platform area ready for development. Despite its unknown building age, wall, and roof construction, the steep rise contour of the land offers a unique canvas for creating a dream retreat. The property is freehold, ensuring complete ownership without the complications of shared land.

Over the years, the capital value of this property has seen a significant increase, from $300,000 in July 2017 to $400,000 in June 2021, marking a 33.33% growth. This growth is a testament to the property's increasing value and potential. The latest HouGarden AVM estimates the property's value at $392,500. Historical sales data reveals transactions at $231,000 in August 2015 and $289,000 in September 2007, highlighting the property's appreciating value over time.

For families considering the educational aspect, the property falls within the zone of Waiheke Primary School, a full primary school with a decile rating of 7. This ensures access to quality education for residents, making it an ideal location for families looking to build their dream home in a serene and supportive community environment.

Updated on March 22, 2024.