272 Ngutunui Road, Puketotara, Otorohanga

Nestled south of Pirongia Village, this exquisite 42.6ha grazing block, with a 3-bedroom residence, presents a compelling opportunity. The property, held under the freehold title, boasts an impressive capital value growth of 46.72% over the past three years, from $610,000 to the current $895,000. Constructed in 1950, the home enjoys a serene setting with unknown wall and roof conditions, adding to its vintage charm. The property, at 272 Ngutunui Road, Puketotara, Otorohanga, is not only a lifestyle haven but also a wise investment, with the HouGarden AVM valuing it at $1,020,000. The latest sale history showcases a sold price of $910,000 in 2024 and an impressive $2,150,000 in 2021.

With a floor area of 120sqm and a vast land area of 16,000sqm, the property is complemented by a quiet cul-de-sac location and a reliable water supply. It's zoned for the Te Awamutu College, a secondary school with a decile rating of 5, ensuring quality education for the family. The property's strategic placement near Ngutunui Primary School, Te Awamutu High School, and Otorohanga High School adds to its allure.

This picturesque grazing block, with its rich native bush, mature pines, and a stream fed by Mt. Pirongia, is a gem waiting to be cherished.

Updated on September 25, 2024