Located at 19 Schollum Road, Big Omaha, Auckland - Rodney, this early 1900's weatherboard bungalow offers a unique blend of history and potential. With a floor area of 120 sqm and sitting on a generous 2,437 sqm freehold section, this property boasts 4 bedrooms, a bathroom, and a carpark. The wooden and iron construction reflects its 1930s origins, maintaining an average condition in both wall and roof. The property's contour presents an easy to moderate fall, making it an intriguing project for those looking to add value.
From its last government valuation in June 2021 at $1,175,000, up from $870,000 in July 2017, the property has seen a capital value increase of approximately 35.06%. The HouGarden AVM estimates its worth at $1,125,000, while the latest sale in January 2024 reached $1,388,000, indicating a strong market interest. This growth trajectory underscores the property's investment potential, especially considering its size and lack of covenants.
In the educational sphere, the property is zoned for Matakana School, a contributing school with a decile rating of 9, and Mahurangi College, a secondary school (Year 7-15) with a decile of 7. This places the property in a desirable location for families looking for quality schooling options. The proximity to Matakana and Matheson Bay enriches the living experience with weekend markets, boutique shops, galleries, vineyards, and beaches, alongside popular walking, cycling, fishing, surfing, and sailing activities.
Updated on April 06, 2024.