Nestled on a freehold 250 sqm section at 47a Riverside Road, Orewa, this comfortable dwelling built in 1950 boasts of a fibrous cement exterior and an iron roof in good condition. The 2-bedroom, 1-bathroom residence with a floor area of 64 sqm is a perfect blend of comfort and convenience. The property's Capital Value (CV) has seen a notable increase from $680,000 in 2017 to $890,000 as of June 2021, reflecting a growth of 31.88%. The latest sale in 2016 was for $644,000, while the current HouGarden AVM estimates it at $882,500.
For families with school-aged children, the property falls within the zones of 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 peaceful retreat in a quiet cul-de-sac is not just a house; it's an opportunity to create memories and enjoy the best of Orewa living, with easy access to the town center, shops, beaches, and public transport.
With potential for further value appreciation and a desirable location, this property presents an attractive opportunity for first-time buyers, retirees, or investors looking to secure a piece of the thriving Orewa community.
Updated on November 25, 2024