Nestled in a prime location, just 200 meters from the water's edge, this 607m2 (more or less) property on Snells Beach Road, Snells Beach, Auckland - Rodney, offers a promising investment. The freehold property, built in 1972 with iron roofing and wooden walls in good condition, currently features a 3-bedroom dwelling with 2 parking spaces and a floor area of 170m2. The capital value has seen a significant increase of 36.76% from $680,000 in June 2017 to $930,000 as of June 2021. HouGarden AVM estimates the property at $892,500, while the latest sale was recorded in March 2017 for $738,000.
With resource consent in place for a contemporary 5-bedroom home, including 2 bathrooms, 2 living areas, and a double internal access garage, this property is ripe for development. Additionally, plans for a separate minor dwelling with 2 bedrooms and 1 bathroom offer versatile living options or rental opportunities. Both homes are designed to enjoy beautiful sea views from the first-floor deck. The property falls within the decile 7 Mahurangi College and decile 6 Snells Beach Primary School zones, ensuring quality education for the family.
Updated on April 09, 2024, this property presents a golden opportunity to develop your future today with the potential for good returns.