905 Pouewe Street, Kawhia, Otorohanga

Nestled in the heart of Kawhia, this 1012sqm freehold section at 905 Pouewe Street offers a prime location close to amenities and the harbour. With fencing on three sides and a gentle slope, it presents a versatile opportunity for potential development. The property boasts an unknown roof and wall construction, adding an air of mystery to its character. As per the latest records, the section has seen a significant jump in its capital value from $147,000 in August 2019 to $250,000 in October 2022, marking a growth of approximately 70.07%. The HouGarden AVM estimates the value at $230,000, while the most recent sale was for $170,000 in September 2021.

With a promising capital value increase and a convenient setting, this section also comes with an attractive annual rates structure: Otorohanga District Council Rates at $1366.10 and Waikato Regional Council Rates at $277.38. A deadline sale is set for 5 July 2024, adding urgency to this well-located investment opportunity.

For families, the section falls within a desirable school zone, ensuring access to quality education.

Updated on July 10, 2024