Nestled in the picturesque Riverhead, this charming freehold property boasts 3 bedrooms, 1 bathroom, and a spacious kitchen with beautiful Rimu flooring. Constructed in 1960 with wood walls and tiled roofing, it presents a fair condition both inside and out. The 108m2 floor area is complemented by a vast 1056m2 of level land, offering potential for subdivision or customization. The property has seen a significant Capital Value (CV) increase of 36.6%, from $860,000 in 2017 to $1,175,000 as of June 2021. The HouGarden AVM estimates it at $1,125,000, while the latest sale in September 2021 was for $1,350,000. This prime piece of real estate is not just about numbers; it's about the lifestyle it offers, being located in a quiet cul-de-sac, with easy access to the Massey High School (Decile 4), Riverhead School (Decile 9), and St Paul's School (Decile 4).
With a history of being a family-oriented home, this property invites you to maximize its value and utility. It's not just a house; it's an opportunity to create your own haven in a sought-after location, with the added benefit of being just a short drive from Albany and Kumeu, and under 25 minutes to Auckland's city center. The property's flat lawn, ample parking, and variety of fruit trees make it perfect for those who enjoy outdoor living.
For the investor or developer looking to tap into a high-potential area, or for a family seeking a comfortable home in an excellent school zone, this property is a gem that demands attention.
Updated on October 24, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.23 km | 5 | 2 | 170m2 | 2024 11 07 | $1,115,000 | Council approved | |
 | 0.45 km | 4 | 2 | 180m2 | 2024 11 06 | $1,255,000 | Council approved | |
 | 0.14 km | 4 | 2 | -m2 | 2024 10 18 | - | Council approved | |
 | 0.88 km | 4 | 2 | -m2 | 2024 08 15 | - | Council approved | |
 | 1.27 km | 3 | 1 | 90m2 | 2024 07 01 | $1,200,000 | Council approved |