Nestled in the serene arms of nature, this captivating family home on 31412 sqm of land at 325c Rea Road, Hauraki Surrounds, Bay Of Plenty, offers 5 generous bedrooms and a floor area of 361 sqm. Constructed in 1998 with iron roofing and wooden walls in average condition, it boasts a freehold title, providing both comfort and potential with its versatile layout. High ceilings and Rimu features add a touch of elegance and warmth, while the dining, family, and lounge areas open up to a covered wrap-around veranda, ideal for year-round entertainment. The property has seen a significant Capital Value increase of 45.02%, from $1,255,000 in July 2019 to $1,820,000 as of September 2022. The HouGarden AVM estimates the property's worth at $1,827,500, closely matching the latest sale in June 2018 for $1,300,000.
With a school zone rating that promises quality education and a quiet cul-de-sac location, this property is not just a home but an investment in a lifestyle. The latest CV reflects a rapid growth, reflecting the property's appeal and potential. The history of sales shows a marked increase from $849,000 in December 2014 to the latest sold price, indicating a strong market value.
For families with educational priorities, the property falls within a highly rated school zone, ensuring access to some of the best educational institutions in the area.
Updated on September 04, 2024