Positioned idyllically in the heart of Point Wells, this charming Kiwi dwelling on 7 Riverside Drive is a freehold property that has been a part of the landscape since 1960. Constructed with fibrous cement walls and an iron roof, the single-level home boasts 3 bedrooms, 1 bathroom, and 2 car parks, spread across a floor area of 96 square meters on a sprawling 859 square meter section. The property presents an average condition both in walls and roof, ready for your personal touch.
Boasting a capital value increase of 51.41% from $710,000 in 2017 to $1,075,000 as of June 2021, the residence also carries a HouGarden AVM of $1,030,000. The latest sale history is marked by a significant leap from $198,000 in 1999 to $1,300,000 in August 2024, reflecting a thriving property market in the area.
For families with school-aged children, the property falls within the zones of the highly-rated Matakana School with a decile of 9 and Mahurangi College, a secondary school with a decile of 7. This combination of lifestyle and educational opportunities makes it an even more attractive proposition.
Updated on October 16, 2024