5 Fallowdown Street, Wainui, Rodney

Nestled in the tranquility of 5 Fallowdown Street, Wainui, Auckland - Rodney, this residential vacant land boasts a freehold title, offering a level contour and a prime opportunity for development. With 5 bedrooms and an expansive land area of 450 square meters, it presents a solid foundation for your dream home. The property's details, such as the wall and roof construction, are yet to be determined, adding a layer of mystery to this promising investment.

As per the property's valuation history, the capital value as of June 2021 was $540,000. The HouGarden AVM estimates the property's worth at $542,500, while the latest sales records from August 1, 2024, and July 27, 2024, indicate sales prices of $526,086 and $1,428,000 respectively. This indicates a significant growth potential, with the latter sale showcasing a substantial increase in market value.

For families with school-aged children, the property falls within the zones of Orewa College, a secondary school with a decile rating of 9, and Ahutoetoe School, a contributing school. These educational institutions provide a solid foundation for learning and are a significant draw for families seeking quality education.

Updated on September 18, 2024