73 Marellen Drive, Red Beach, Auckland - Rodney

Nestled in the esteemed Red Beach, Auckland, at 73 Marellen Drive, this 1970s Keith Hay residence sits on a generous 842sqm section with an easy/moderate fall contour. It boasts 3 bedrooms, a single carpark, and a floor area of 144sqm, all under a freehold title. The home features wood exterior walls and a tiled roof, both in average condition, making it a prime candidate for renovation or redevelopment. The property has seen a significant Capital Value increase of 30.32% from $940,000 in 2017 to $1,225,000 as of June 2021, with a HouGarden AVM estimate of $1,140,000. This home not only offers investment potential but also the advantage of being in a top school zone, with Red Beach School and Whangaparaoa College, both rated a decile 9, within easy reach.

With a promising government valuation history and a recent sale, this property presents a unique opportunity to investors and homeowners alike. It's a chance to tap into the potential of a home that has been cherished by its original owners and is now ready for a fresh vision and creativity to transform it.

For families with school-aged children, the property falls within the highly sought-after school zones of Red Beach School and Whangaparaoa College, ensuring access to quality education. This combination of investment value and educational opportunity makes this property a rare find in the current market.

Updated on July 12, 2024