Nestled in the serene cul-de-sac of 35a Weiti Road, Orewa, Auckland, this 1990-built freehold property boasts 3 bedrooms and a spacious 170sqm floor area. Constructed with robust brick walls and tiled roofing, the well-maintained home sits on a level 472sqm section. The capital value has seen a significant increase from $980,000 in 2017 to $1,250,000 as of June 2021, reflecting a growth rate of 27.55%. The property, with its sunny disposition and low-maintenance garden, is perfect for those seeking a warm and secure family home.
With a HouGarden AVM of $1,200,000, the property's latest sale history includes transactions in 2014 for $800,000 and in 2010 for $612,000. These figures underscore the consistent capital appreciation of this desirable property. The government's valuation reflects the true value of this dwelling, making it an attractive investment opportunity.
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. These educational institutions are a testament to the quality of the local school network.
Updated on October 21, 2024