548 Sulby Drive, Kawhia, Otorohanga

Nestled in the serene coastal town of Aotea, this 505 sqm freehold section on 548 Sulby Drive offers a golden opportunity to construct your dream family bach. With an unknown roof and wall construction, this vacant residential plot provides a clean slate for architectural creativity. The section, with an easy/moderate rise contour, is perfect for capturing elevated coastal views. Notably, the capital value has seen a significant increase from $140,000 in August 2019 to $300,000 as of October 2022, reflecting a growth of 114.29%. The HouGarden AVM estimates the property's worth at $295,000, while the latest sales history shows transactions at $320,000 in July 2021 and $238,000 in June 2024, indicating the area's dynamic market.

For families with children, the school zone is a key highlight. With top-notch educational institutions, the area boasts a desirable decile rating, ensuring quality education for your little ones. This, coupled with the tranquility of a quiet cul-de-sac, makes it an ideal location to raise a family.

With the possibility of designing a bach that capitalizes on the north and east-facing views, this property is a rare find. It's an opportunity to become part of a coastal community that values peace and quiet, with the added bonus of world-class fishing in the nearby Kawhia and Aotea harbors. If the idea of building your own slice of coastal paradise excites you, this property is worth a closer look.

Updated on July 26, 2024