An Auckland couple’s foresight in the Omaha property market has seen them turn a tidy profit. The couple, identified as Rick and Lesley, purchased a waterfront section on Omaha Drive nearly 30 years ago for a mere $135,000. Last week, their prime piece of real estate sold for well over $4.5 million.
While the exact sale price remains undisclosed, the figure surpasses the 2021 valuation of $4.5 million by a significant margin. The property wasn’t just dirt, however. Over the years, Rick and Lesley transformed the 576sqm plot into a luxurious bach (vacation home). Their reputation for stylish builds preceded them, according to Ray White listing agent Heather Walton. Walton states that open homes for both of the couple’s Omaha properties attracted a surge of eager viewers.
This story underscores the dramatic rise in Omaha property values. The wealthy beach town has become a coveted getaway destination, and Rick and Lesley’s windfall reflects that trend. Their investment savvy and strategic improvements turned a $135,000 plot into a multi-million dollar property, showcasing the transformative potential of the Omaha market.
