121 Misa Road, Otaua, Waikato

This exceptional lifestyle property, located at 121 Misa Road, Otaua, Waikato, offers a blend of luxury and tranquility. Built in 2017, the home sits on a sprawling 7,652 square meter freehold section, boasting a floor area of 294 square meters. The property features four luxurious double bedrooms, a modern kitchen with a generous butler's pantry, and a separate lounge that doubles as a movie room. Constructed with brick walls and an iron roof, both in good condition, the property is designed for both comfort and style. The level contour of the land, combined with substantial fencing, makes it perfect for sheep or equine friends.

Despite its impressive features, the capital value (CV) of the property has remained steady at $1,230,000 since 2017, with a HouGarden AVM estimate of $1,175,000. However, the property's market value has seen significant growth, with the latest sale on March 7, 2024, reaching $1,570,000, up from $338,375 in 2015. This indicates a robust demand for quality lifestyle properties in the area.

The property falls within the zone for Waiuku College, a secondary school catering to years 9-15 with a decile rating of 6. This adds to the appeal for families seeking quality education options in a serene, semi-rural setting.

Updated on April 04, 2024.