Nestled on a prime section of 96,640 sqm at 19a Kowhai Road, Wainui, Auckland - Rodney, this Lifestyle - Bare property is a freehold haven. Constructed in 1970 with wood exterior walls and an iron roof, both in good condition, the residence boasts an easy/moderate rise contour and a floor area of 120 sqm. It includes 2 car parks, signifying convenience and practicality. The property's capital value has seen a remarkable increase from $2,525,000 in July 2017 to $8,000,000 as of June 2021, reflecting a growth rate of 2.17%.
With a HouGarden AVM of $8,040,000 and recent sales history showing transactions of $7,000,000 in November 2017 and $6,910,000 on August 16, 2024, this property holds significant investment potential. The consistent capital value appreciation is a testament to its enduring appeal and desirability.
For families with school-aged children, the property falls within the zones of Orewa Primary School and Orewa College, both rated a high decile 9. Additionally, Wainui School offers a full primary education, also at decile 9, while Ahutoetoe School is a contributing school at decile 0, providing a range of educational options.
Updated on September 11, 2024