20 Rua One Place, Whakatiwai, Hauraki

Nestled in the serene Whakatiwai, this residential gem at 20 Rua One Place boasts a freehold title on a levelled 2,350 sqm of land. Constructed in 2000 with robust brick walls and tiled roofing in good condition, the property features 4 bedrooms and a spacious floor area of 370 sqm. The capital value remains stable at $1,380,000 since July 2021, with a HouGarden AVM estimate of $1,387,500. Historically, the property's value has seen a significant increase from its last sale in 2003 at $188,000, and an even more dramatic leap from the sale in 1999 at $120,000.

With a CV increase of 0.0% in the last two quarters, this property presents a solid investment. The latest valuation reflects its prime location, being in the zone for the well-regarded Hauraki Plains College, a secondary school with a decile rating of 5. The property's allure is further enhanced by its proximity to the picturesque Kaiaua beachfront and the convenience of commuting to Auckland, Pukekohe, and Thames.

Not only is this property an ideal family home, but it also holds potential as an Airbnb venture, given its unique layout and separate external access. The conservatory, master bedroom with an ensuite spa, and a private beach access are just a few of the many highlights that make this waterfront property a sanctuary for those seeking a slice of coastal paradise.

Updated on September 27, 2024