Nestled in the serene environment of 12 Centreway Road, Orewa, Auckland, this freehold property is a rare gem that has just become available. Constructed in 1955 with mixed materials for the walls and iron for the roof, this dwelling boasts a floor area of 210sqm and is set on a spacious 845sqm section. The property features 6 bedrooms and is in a good condition both inside and out. With a CV of $1,925,000 as of June 2021, it has shown an impressive 75% increase from its $1,100,000 valuation in July 2017. Additionally, the HouGarden AVM estimates the property's value at $1,795,000, while the latest sale was recorded in 1991 for $85,000.
From an investment perspective, the property presents a golden opportunity with a weekly rental income potential of $1,100.00. It's strategically located, just a gentle 1.4km walk to Orewa shops and mere steps away from the beach, enhancing its appeal. The property not only offers a peaceful lifestyle but also backs onto Western Reserve and the Orewa river, ensuring absolute privacy with no possibility of future construction at the back. Set for sale on May 16th, this property is not to be missed.
For families with children, the property falls within the zones of both Orewa Beach School, a contributing school with a decile rating of 7, and Orewa College, a secondary school with a decile rating of 9. This ensures access to quality education for all ages.
Updated on May 18, 2024