171b Hibiscus Coast Highway, Red Beach, Auckland - Rodney

Nestled in the serene Hibiscus Coast Highway of Red Beach, Auckland, this 1988-built residential unit with a cross-lease title presents a versatile opportunity. The 3-bedroom home, featuring wood exterior walls and tiled roofing in good condition, offers a comfortable living space of 110 square meters. The property, with an easy-to-moderate contour, is located in a quiet cul-de-sac, just a stone's throw from the picturesque Orewa Beach and cycling paths, and in close proximity to local amenities, the Silverdale shopping complex, and transport links.

As per the latest records, the government's capital value (CV) has seen a 31% increase from $620,000 in 2017 to $810,000 in 2021. HouGarden's AVM estimates the property's value at $740,000. Notably, the property last sold for $203,000 in 2002, highlighting a significant appreciation potential. This is a perfect investment for those looking to add value or seeking a lucrative flipping opportunity.

For families with school-aged children, the property falls within the zones of highly-rated Orewa College, Red Beach School, and Whangaparaoa College, all boasting a decile rating of 9. This ensures access to some of the best educational facilities in the region.

Updated on December 11, 2024