Positioned in an esteemed coastal locale on Fairway Avenue, this freehold property is a gem waiting to be polished. The 4-bedroom, 186 sqm home sits on an 812 sqm section with a wide street frontage, enjoying an elevated, north-facing aspect that captures panoramic vistas of Whangaparaoa Bay and the Hauraki Gulf. Constructed in 1980 with fibrous cement walls and an iron roof, both in good condition, the residence has been a beloved family home for 25 years and now offers the new owner the potential for renovation or redevelopment. The property has seen a 32.18% increase in Capital Value from $870,000 in 2017 to $1,150,000 as of June 2021, with a HouGarden AVM estimate of $1,102,500. The latest sale was for $1,125,000 in September 2024, a significant jump from the $234,000 sale in 1999. With a flat driveway, double carport, and oversized double garaging, there's ample parking and storage, complemented by well-kept gardens and a new sheltered deck with an outdoor pizza oven.
For families, the property falls within the decile 9 school zones of Orewa College, Red Beach School, and Whangaparaoa College, ensuring top-notch education is within reach. The combination of space, sea views, and growth potential makes this property an irresistible opportunity for those seeking a comfortable life by the beach, with the added prospect of future value.
Updated on October 23, 2024