44b Cross Street, Raglan, Waikato

Nestled in a quiet cul-de-sac at 44b Cross Street, Raglan, this residential dwelling on a cross-lease title is a hidden gem for those seeking a serene retreat close to amenities. Constructed in 1998 with iron roofing and fibrous cement walls in good condition, the property boasts a floor area of 85 square meters, with 3 bedrooms, 1 bathroom, and a single car park. The capital value remains stable at $720,000 since the last assessment, with a CV increase of 0.0%. The interior is freshly painted, radiating brightness and featuring stunning tiles in the kitchen. An open plan dining and lounge area leads to a north-facing, covered deck. The property's contour is level, and the grounds hold potential for further development, including a vegetable garden. Notably, the latest sale was recorded at $731,000 in 2021, and the HouGarden AVM estimates the property at $700,000.

From a valuation perspective, the property has shown a capital value consistency, with a notable increase of 115.15% from the sale price of $336,000 in 2012. This consistency, coupled with the property's privacy and elevation, makes it an attractive prospect for investors or first-time buyers.

For families with school-aged children, the Raglan Area School (Y9-13) composite school with a decile rating of 4 is a significant draw. This property not only offers convenience to the town and recreational grounds across the road but also presents a golden opportunity for those seeking a first home or considering an Airbnb venture.

Updated on August 26, 2024