Nestled on a flat, north-facing 656m2 site at 24 Nihinihi Avenue, Raglan, this 1950s original bach boasts a prime location close to the beach and town. It's a freehold property with fibrous cement walls and an iron roof, both in average condition. The dwelling features 3 bedrooms, 1 bathroom, and a floor area of 59m2. It's a perfect starter for the Raglan beach lifestyle, with the potential to enhance the native timber flooring and build up for great water views.
According to the latest data, the capital value has remained stable at $920,000 since October 2023, with no increase. The HouGarden AVM estimates the property's value at $912,500, making it an attractive investment opportunity in a quiet cul-de-sac.
For families, the Raglan Area School caters to Year 9-13 students and is rated a decile 4 composite school, adding to the appeal of this property in a desirable school zone.
Updated on November 19, 2024