Nestled at 4 Paataka Lane, Horotiu, Waikato, this charming residential dwelling boasts a freehold title on a level contour. The 3-bedroom, 1-carpark home, built with mixed materials and an iron roof, is in mint condition both inside and out. Spanning an area of 126 square meters and sitting on a generous 301 square meters of land, it presents a warm and inviting living space. The property, valued at $560,000 according to the October 2020 government valuation, has seen a significant increase in its market worth.
History shows a latest sale of $725,000 in January 2023, reflecting a substantial growth in capital value. The HouGarden AVM estimates the property's worth at $230,000, a figure that underscores the investment potential of this Horotiu gem. The capital value growth percentage is a testament to the property's appeal and the area's desirability.
For families with children, the property falls within the highly sought-after school zone of Horotiu School, renowned for its high decile rating. The strategic location, not only provides easy access to quality education but also to the Waikato River, local amenities, and the convenience of the Northgate Business Park, making this property an ideal blend of comfort, convenience, and potential investment.
Updated on June 12, 2024