Nestled in the tranquility of a quiet cul-de-sac at 13 Kuku Street, Piopio, Waitomo, this freehold property boasts a charming 1940 construction with both the walls and roof in good condition, thanks to the sturdy fibrous cement walls and iron roofing. The 77 square meter floor area is cleverly divided into 3 bedrooms, 1 bathroom, and a generous open plan living space that seamlessly transitions from the dining to the lounge and kitchen, ensuring ample room for family and guests. The property sits on a levelled 1,113 square meter section with a carport for 2 cars, and it has seen a significant Capital Value increase of 100% from $175,000 in 2018 to $350,000 in 2021. The latest sale history shows a transaction at $380,000 in 2024, with the HouGarden AVM estimating the property's value at $342,500.
Financially, this property is a sound investment, with a CV growth that outpaces the market average. The latest sale figure indicates a strong demand for properties in this desirable cul-de-sac location.
For families with children, the school zone is a significant draw. The local schools boast impressive decile ratings, ensuring a quality education for the young ones.
Updated on August 07, 2024