Nestled on a level contour in the vibrant coastal community of Orewa, just a 5-minute walk from the beach, 5a Elizabeth Street presents a perfect lock up and leave property. This residential dwelling, built in 1960 with mixed materials for both the walls and roof, is in good condition and offers privacy with easy-care gardens. It boasts 2 bedrooms, an open-plan layout that unites the kitchen, dining, and living areas, and an alfresco dining space for entertainment. The property, with a floor area of 122 square meters, is under a Cross-Lease ownership. Notably, the capital value has seen a 30.43% increase from $690,000 in July 2017 to $900,000 as of June 2021. The HouGarden AVM estimates the property at $907,500, while the latest sales were recorded at $359,000 in 2006 and $273,000 in 2004. This property is not only convenient and affordable but also falls within the decile 7 Orewa Beach School and the decile 9 Orewa College zones, enhancing its appeal.
With its proximity to the renowned 6 km Golden Sandy Orewa Beach and the added bonus of an office and workshop in the garden, this property is an opportunity not to be missed in the thriving beachside community on the sunny Hibiscus Coast.
For a piece of highly desirable and affordable real estate within an excellent school network, 5a Elizabeth Street is an ideal choice for those looking to be by the beach.
Updated on September 20, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.23 km | 2 | 1 | -m2 | 2024 12 05 | - | Council approved | |
 | 0.12 km | 3 | 2 | 170m2 | 2024 11 21 | $1,180,000 | Council approved | |
 | 0.07 km | 3 | 2 | 170m2 | 2024 11 14 | $1,035,000 | Council approved | |
 | 0.22 km | 2 | 140m2 | 2024 07 22 | $920,000 | Council approved | ||
 | 0.28 km | 1 | 1 | -m2 | 2024 07 16 | - | Council approved |