4 Domain Drive, Otorohanga, Otorohanga

Located at 4 Domain Drive, Otorohanga, this Freehold property boasts a spacious floor area of 181 square meters on a generous land area of 804 square meters. Constructed in 1960 with wood walls in average condition and an iron roof in good condition, this residential dwelling features four bedrooms, a sunny aspect, and a commanding street position. The property is enhanced by a detached double carport, a selection of fruit trees, and is conveniently situated close to town amenities, including the Kiwi House, doctors, pools, and a gym complex.

The capital value of this property has seen a significant increase from $410,000 in August 2019 to $580,000 in October 2022, marking a 41.46% growth. The HouGarden AVM estimates the property's value at $567,500. Its basement, converted in the 70s, includes a rumpus room, bedroom, second bathroom, ample storage, and both external and internal access, offering potential for renovation or development for various living arrangements or work-from-home setups.

The property falls within a desirable school zone, ensuring access to quality education. Its location opposite the Domain sports fields provides ample recreational opportunities, making it an ideal choice for families, first home buyers, and investors looking to capitalize on its potential.

Updated on March 21, 2024.