54 Walton Street, Red Beach, Auckland - Rodney

Nestled on a generous 1191 sqm of flat land in the highly sought-after Hibiscus Coast, 54 Walton Street presents a rare freehold opportunity. This spacious 5-bedroom, 1-carpark home with a floor area of 180 sqm boasts wood exterior walls and an iron roof, both in good condition, reflecting the solid construction of its 1980 era. The property's capital value has seen a remarkable increase of 26.7% over the past four years, from $1,105,000 to the current $1,400,000 as per the latest government valuation. The HouGarden AVM echoes this at $1,407,500, while the latest sale history shows a significant jump from $390,000 in 2001 to $710,000 in 2013, indicating a consistently rising trend.

For families with school-aged children, the property falls within the zones of Orewa College, Red Beach School, and Whangaparaoa College, all boasting a decile rating of 9, ensuring top-notch education is within easy reach. The home's versatile layout has comfortably accommodated growing families, offering 2 lounges, a self-contained flat, and the potential for subdivision, all just 150m from the picturesque Red Beach.

Whether you seek a tranquil coastal lifestyle or see the potential for redevelopment, this property holds a world of opportunities. With the added benefit of meeting Healthy Home Standards, it presents a sound investment for those looking to rent out the separate dwellings or enjoy a home with income potential. Here is a chance to own a piece of paradise, where the promise of coastal living meets the convenience of prime location.

Updated on September 30, 2024