North Cove, Kawau Island, Auckland - Rodney

Nestled in the serene North Cove of Kawau Island, Auckland - Rodney, this residential vacant land boasts a freehold title, offering a level contour and an area of 5304 square meters. While the specifics of the wall and roof construction remain unknown, the property presents a blank canvas for potential development. Its latest recorded sale price was $250,000 in 2024, a significant leap from the $75,000 sale in 1993, indicating a promising investment opportunity.

As per the government's valuation, the capital value has seen a substantial increase from $455,000 in 2017 to $570,000 in 2021, reflecting a growth rate of 25.27%. The HouGarden AVM estimates the property's value at $530,000, aligning closely with the government's valuation.

For families with educational considerations, this property falls within a highly regarded school zone, ensuring access to quality education.

Updated on July 03, 2024