14 Alice Street, Riverhead, Auckland - Rodney

Nestled in the serene Alice Street of Riverhead, Auckland, this 1973-built, freehold property boasts a warm and inviting ambiance with its 3-bedroom, 1-bathroom layout and a generous floor area of 108 square meters on a sprawling 877 square meter lot. The residence features wood exterior walls in good condition, an iron roof, and a property contour that is delightfully level. The recent HouGarden AVM estimates the property's value at $1,082,500, while the latest sales in 2023 and 2024 reflect a strong market interest with prices of $1,100,000 and $1,053,000 respectively. Notably, the capital value has surged by 16.49% from $970,000 in 2017 to the current $1,130,000 as of 2021.

For families with school-aged children, the property falls within the zones of Massey High School (Decile 4), Riverhead School (Decile 9), and St Paul's School (Massey) - all testaments to the quality of education in the area. The CV increase and school deciles are indicative of both the property's investment potential and the desirability of the location.

With its northerly aspect, the home bathes in sunlight throughout the day, enhancing the open-plan living spaces that lead out to a large, covered deck - perfect for entertaining or simply relaxing. The expansive, fully lined garage with bifold doors and the additional, modern bathroom (not permitted) offer versatility for work, play, or storage. This charming residence is not just a comfortable home but also a sound investment opportunity in a family-friendly street.

Updated on October 23, 2024