Nestled on the esteemed Settlers Grove in Orewa, this freehold property is a charming family residence with 3 bedrooms, 2 carparks, and a floor area of 270 square meters on a spacious 760 square meter section. Constructed in 1990 with durable brick walls and tiled roofing, the house stands in good condition both inside and out. The property, with a level contour, offers a serene and expansive living environment, further enhanced by the stunning estuary views and direct access for water activities.
As for its financials, the capital value has seen a significant increase from $1,225,000 in 2017 to $1,525,000 as of June 2021, reflecting a growth rate of 24.49%. The HouGarden AVM estimates the property's value at $1,422,500, while the latest sales were recorded at $440,000 in 2001 and $375,000 in 1994. This indicates a promising investment opportunity in a sought-after location.
Educationally, the property falls within the zones of both Orewa Primary School and Orewa College, both rated at a decile of 9, indicating a high standard of schooling available to the residents. This combination of luxurious living, investment potential, and quality education makes this property an attractive package for families.
Updated on June 11, 2024