Nestled in the serene Palliser Downs lifestyle development of Wainui, this exquisite freehold property boasts a capital value of $1,800,000 as of June 2021, marking a 7.46% increase from its $1,675,000 valuation in July 2017. Constructed in 2015 with robust brick walls and tiled roofing, the residence spans a floor area of 301 square meters on a generous 20,859 square meter section. The spacious single-level home features four generous bedrooms, a modern kitchen, and a vast open-plan family/living area with a charming wood-burning fireplace. A massive second living space is ideal for leisure activities, while the kids can enjoy their own nook or a home office. The property includes a double garage with internal access, and the added luxury of a sauna with a shower. The well-maintained grounds offer ample storage, a separate laundry, and a large scullery, staying cozy with a DVS heat transfer from the wood burner. The land is elevated with a gentle contour, boasting stunning views of the rolling hills and established veggie gardens. This property falls within the highly rated Wainui School and Orewa College zones, with a decile rating of 9 for both. The HouGarden AVM estimates the property's value at $1,755,000, while the latest sale in 2013 was for $472,990. This property presents an amazing potential for the discerning buyer, offering a perfect blend of tranquility and modern convenience.
With a history of reduced prices and land values in the subdivision ranging from $1.5m to $1.8m, this property is a golden opportunity. It's strategically positioned with easy access to Silverdale shops and Orewa's family-friendly beaches, with school buses picking up at the driveway, providing an ideal balance of life.
Don't miss out on this property that not only boasts fantastic infrastructure but also the peace and privacy that comes with a quiet cul-de-sac in the exclusive Palliser Downs community.
Updated on August 26, 2024