Discover your dream property at 523 Orapiu Road, Waiheke Island, Auckland - City, a lifestyle - vacant category land that promises a blend of luxury and nature. This freehold property spans over 75,967 square meters, featuring steep fall contour with iron roof and wall constructions, both in good condition, dating back to 2010. It's a canvas awaiting your touch, with a large shed on site and potential for commercial consent for a cleanfill site, enhancing its value.
Since 2017, the capital value has seen a significant increase from $790,000 to $980,000 by June 2021, marking a 24.05% growth. The HouGarden AVM estimates its value at $950,000, while the latest sale in December 2023 reached an impressive $1,300,000, up from $717,500 in February 2019. This property not only offers a magical lifestyle but also a commercial opportunity with promising returns.
Located in a serene setting, it falls under the Waiheke Primary School zone, which boasts a decile rating of 7, ensuring quality education. This property is a perfect blend of tranquility, breathtaking sea views, and all-day sun, making it an ideal location for those seeking the charm of coastal living and the beauty of nature.