47 Jelas Road, Red Beach, Auckland - Rodney

Nestled in the serene cul-de-sac of Jelas Road, Red Beach, Auckland, this freehold property is a charming residential dwelling built in 1997 with a fibrous cement exterior and an iron roof in good condition. It boasts 3 bedrooms, 2 carparks, and a generous floor area of 180sqm on a sprawling 700sqm section. The property has a capital value of $1,175,000 as of June 2021, showing a significant increase of 35.1% from its $870,000 valuation in July 2017. This is a home that exceeds expectations, with its spacious layout and potential for enhancement, making it an ideal investment in this sought-after location.

With a HouGarden AVM of $979,500 and a latest sale history of $930,000 in August 2024, this property presents a compelling case for value. The previous sale in February 2002 was for $240,000, highlighting the consistent growth in capital value. The property's potential is further enhanced by its proximity to high-quality educational institutions, including Orewa College (Decile 9) and Silverdale School (Decile 10), ensuring a sound investment for families.

Not only does this property offer a peaceful and private setting, but it also benefits from being in a top school zone. The well-regarded Orewa College caters to Year 7-15 students, while Silverdale School is a contributing primary with a Decile 10 rating. This combination of location, value, and educational opportunity makes this home a rare find and an attractive proposition for families looking for an affordable, large family home in a desirable neighborhood.

Updated on October 02, 2024