Nestled on a serene cul-de-sac at 8 Lipscombe Road, Kaiaua, Hauraki, this charming residential dwelling on a freehold title boasts 3 bedrooms, 1 bathroom, and a single carpark. Constructed in 1958 with fibrous cement walls and an iron roof, both in average condition, the property offers a comfortable floor area of 91sqm and is set on a sprawling 1184sqm section. The government's capital value (CV) has remained stable at $550,000 since July 2021, with no increase. However, the property's HouGarden AVM is valued at $530,000, and recent sales history shows a significant jump from $420,000 in 2016 to $575,000 in March 2024, indicating a potential for growth.
With a CV increase percentage of 0.0, this property presents a solid investment. The latest sale price reflects a 37.62% increase since 2016, highlighting the property's appreciating value. The large, sun-kissed deck and mature gardens offer privacy and tranquility, making it perfect for summer evenings.
Particularly appealing for families, the property falls within the catchment area of the well-regarded Hauraki Plains College, a secondary school with a decile rating of 5. The local community is friendly, and amenities such as the Kaiaua Primary school, a local bus service, and various community facilities like a library, fitness clubs, and garden clubs, make this an ideal location for those seeking a balanced lifestyle.
Updated on April 17, 2024