44 Hill Street, Warkworth, Auckland - Rodney

Nestled on a north-facing corner site in the heart of Warkworth, this charming 1940's bungalow boasts 4 bedrooms, 1 carpark, and a floor area of 102sqm on a spacious 653sqm section. Constructed with wood walls and a mixed-material roof, this freehold property exudes potential with original native timber flooring and period features. The capital value has seen a substantial increase of 45.31%, from $640,000 in 2017 to $930,000 in 2021. The HouGarden AVM estimates the property at $907,500, while the latest sale in 2018 was for $750,000. It's located in a desirable school zone, with both Mahurangi College (Decile 7) and Warkworth School (Decile 7) being in close proximity. Whether you're looking to invest or nest, this property presents a golden opportunity in a town on the rise.

With a CV increase that speaks volumes about the area's growth, this property is not just a home but a sound investment. The current tenants provide a guaranteed income until October, renting at $650 per week. The layout is family-friendly, with a second lounge opening to a covered deck and a separate courtyard for afternoon relaxation. The mature trees and privacy it offers are an added bonus, making this property a serene retreat in 'The Ponsonby of Warkworth.'

Education is a cornerstone here, with top-rated schools within walking distance. This combination of a prime location, increasing property values, and a strong rental demand makes it an ideal choice for both investors and families seeking a quality lifestyle in Auckland's rapidly expanding northern satellite town.

Updated on August 07, 2024