2a Ranfurly Street, Otorohanga, Otorohanga

Nestled at 2a Ranfurly Street, Otorohanga, this Industrial - Service property is set on a generous 2175 sqm of land with a floor area of 1120 sqm. It boasts a freehold title, ensuring full ownership and autonomy. Constructed in 1976, the property features mixed materials for the walls and an iron roof, both in good condition. It includes a single carpark, contributing to the convenience of this already tranquil property in a quiet cul-de-sac.

Since August 2019, the capital value has seen a significant increase of 33.78%, reaching $990,000 as of October 2022. The HouGarden AVM estimates the property's worth at $965,000. The latest sale history is notable, with a sale price of $375,000 in July 2024, a substantial leap from the $17,184 sale in August 1995.

For families with children, the property falls within a desirable school zone. The decile rating and the proximity to quality schools make this a prime location for educational pursuits.

Updated on August 07, 2024