Nestled on a freehold 250 sqm section at 47a Riverside Road, Orewa, this comfortable dwelling built in 1950 boasts of a fibrous cement exterior and an iron roof in good condition. The 2-bedroom, 1-bathroom residence with a floor area of 64 sqm is a perfect blend of comfort and convenience. The property's Capital Value (CV) has seen a notable increase from $680,000 in 2017 to $890,000 as of June 2021, reflecting a growth of 31.88%. The latest sale in 2016 was for $644,000, while the current HouGarden AVM estimates it at $882,500.
For families with school-aged children, the property falls within the zones of Orewa Beach School, a contributing school with a decile rating of 7, and Orewa College, a secondary school with a decile rating of 9. This peaceful retreat in a quiet cul-de-sac is not just a house; it's an opportunity to create memories and enjoy the best of Orewa living, with easy access to the town center, shops, beaches, and public transport.
With potential for further value appreciation and a desirable location, this property presents an attractive opportunity for first-time buyers, retirees, or investors looking to secure a piece of the thriving Orewa community.
Updated on November 25, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.19 km | 3 | 1 | 110m2 | 2024 12 06 | - | Council approved | |
 | 0.16 km | 5 | 278m2 | 2024 10 04 | $1,850,000 | Council approved | ||
 | 0.25 km | 4 | 2 | 243m2 | 2024 07 25 | - | Council approved | |
 | 0.29 km | 2 | 2 | -m2 | 2024 07 12 | - | Council approved | |
 | 0.16 km | 2 | 1 | 100m2 | 2024 06 25 | $970,000 | Council approved |