16 Orewa Heights Crescent, Orewa, Auckland - Rodney

Nestled in the serene Orewa, this freehold property at 16 Orewa Heights Crescent boasts a versatile layout with two separate homes on a single title. Constructed in 1950 with mixed materials for both the walls and roof, the property presents a good condition both inside and out. It sits on an expansive 736sqm of land with an easy/moderate fall contour, enjoying a generous floor area of 246sqm, and is devoid of parking concerns with ample space. The main residence is a 3-bedroom haven complemented by a downstairs living space, rumpus room, and potential for a home office. The secondary dwelling offers 2 bedrooms, ready for modernization, providing a dual-income opportunity or extended family living. The capital value has seen a 20% increase from $1,125,000 in 2017 to $1,350,000 as of June 2021, with HouGarden AVM valuing it at $1,337,500. The latest sale was in 2010 for $690,000. This property falls within the Orewa College decile 9 zone and Nukumea School, a contributing school. It's a golden opportunity to own a piece of real estate with stunning sea views and potential for growth.

With a CV increase that outpaces the market and a history of appreciation, this property is not just a home but a sound investment. The flexibility of the property, coupled with its prime location, makes it an attractive prospect for both investors and families.

Educationally endowed, the property is within a highly sought-after school zone. Orewa College's high decile rating ensures quality education, while Nukumea School provides a nurturing environment for young learners.

Updated on November 22, 2024