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59 Russell Road, Orewa, Rodney, Auckland, 5 Bedrooms, 3 Bathrooms, Home & Income

By negotiation

59 Russell Road, Orewa, Rodney, Auckland

5
3
2
14200m2
Home & IncomeListed on Wed Dec 4

Orewa 5 Bedroom Premium Investment in Wainui's Future Urban Zone

Discover an exceptional opportunity in the sought-after Wainui future urban area, just north of Milldale. Set on an expansive 1.42 hectares of prime, elevated land, this property offers unbeatable potential for investors, land bankers, and developers.

The centerpiece is a spacious 385m² single-level masonry home, built with plaster over concrete for outstanding durability. With five bedrooms, two kitchens, a separate laundry, and an internal double garage, it’s designed to accommodate large or extended families. Its bright, northerly orientation ensures abundant natural light, and the beautifully landscaped grounds provide privacy and tranquility.

Key features:

• Future urban zoning in a high-growth area.

• Significant road frontage potential with future development.

• Current tenancy in place, offering a steady rental income.

Nestled at the peaceful end of Russell Road, this property combines immediate rental yield with long-term development prospects.

Viewings by appointment only—don’t miss your chance to secure a slice of Wainui’s future.

See this listing on Barfoot & Thompson

Location

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Council Data

Last update : 2025 02 19
Improvement value$1,150,000Increased by 15% from year 2017
Land value$2,000,000Increased by 14% from year 2017
CV(Year 2021 Month 06)$3,150,000Increased by 14% from year 2017
DeckYes
View typeNo appreciable view
ContourEasy/Moderate rise
Land area14200m²
Floor area385m²
Decade of construction2000
Title149881
Type of titleFreehold
Legal descriptionLOT 2 DP 336616
CouncilAuckland - Rodney
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 336616
Council rates$5,596.08
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningFuture Urban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Orewa Primary School
2.04 km
Primary
1-6
Government
Co-Educational
EQI: 394
9
Ahutoetoe School
2.60 km
Primary
1-6
Government
Co-Educational
-
-
Orewa College
2.84 km
Secondary
7-15
Government
Co-Educational
EQI: 431
9
Wainui School
6.10 km
Primary
1-8
Government
Co-Educational
EQI: 419
9

Property history

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For developers

Unitary plan:Future Urban Zone
Land:14200m²
Title:Freehold

Surrounding facilities

Russell Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Wainui properties data
Wainui property trend
Year
Median price
Growth
Sales count
2024
$1,420,000
4.8%
21
2023
$1,355,000
125.5%
39
2022
$600,869
-58.3%
21
2021
$1,441,400
23.2%
23
2020
$1,170,000
-48.6%
19
2019
$2,275,000
4.6%
5
2018
$2,175,000
16.5%
1
2017
$1,867,500
25.3%
4
2016
$1,490,000
18.6%
2
2014
$1,256,000
-
1

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
15 Puruatanga Road, Millwater
0.78 km
4
3
-m2
Year 2024 Month 12 Day 01
$1,430,000
Council approved
142 Godfrey Drive, Millwater
0.77 km
4
2
201m2
Year 2024 Month 11 Day 04
-
Council approved
22 Puruatanga Road, Millwater
0.77 km
6
3
348m2
Year 2024 Month 11 Day 01
$1,870,000
Council approved
26 Pekanga Road, Millwater
0.77 km
5
3
-m2
Year 2024 Month 10 Day 01
$1,550,000
Council approved
20 Puruatanga Road, Wainui
0.77 km
4
196m2
Year 2024 Month 09 Day 11
$1,285,000
Council approved

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Ref:903791Last update:2025-02-21 04:50:47