24 King Street, Ngaruawahia, Waikato

Discover the potential of 24 King Street, Ngaruawahia, Waikato, a residential dwelling that stands as a testament to the charm of the 1950s. Originally constructed as a two-bedroom weatherboard cottage, it was expanded in the 1970s to include a second story, now featuring 4 bedrooms, 1 bathroom, and a spacious layout with two lounges and a wrap-around deck. The property spans a generous 1033m2 land area with a floor area of 169m2, boasting wood wall construction and an aluminium roof, both in average condition. This freehold property, nestled on a level contour, offers a unique renovation opportunity for those willing to uncover its hidden gem.

The property's capital value has remained steady at $500,000 since 2017, with a HouGarden AVM of $480,000 and a recent sale price of $475,000 in November 2023, indicating a stable market value. Despite its unchanged capital value, the property's significant land area and potential for improvement make it an attractive investment.

Located in a prime area for education, this property falls within zones for top-rated schools, ensuring a quality education for residents. Its proximity to educational institutions, combined with its substantial size and renovation potential, makes 24 King Street a rare find in today's market.

Updated on April 06, 2024.