16 Earl Street, Te Kuiti, Waitomo

Nestled on a spacious 1,136 m2 section at 16 Earl Street, Te Kuiti, Waitomo, this 3-bedroom residential dwelling is a promising project waiting to be polished. Constructed in 1968 with fibrous cement walls and tiled roofing, the property boasts an easy/moderate rise contour. It's a freehold property with a floor area of 108 m2 and an average condition for both walls and roof. The capital value has seen a significant increase from $130,000 in September 2018 to $300,000 in September 2021, reflecting a growth rate of 130.77%. The HouGarden AVM estimates the property's value at $275,000, while the latest sales were recorded at $295,000 in 2024 and $177,200 in 2020. This home is perfect for those looking for a property that's ripe for renovation and potential value appreciation.

With a CV increase that outpaces the market average, this property presents a golden opportunity for investors and homeowners alike. The lack of car parks and additional bathroom details hint at further potential for improvement and customization.

For families with children, the property falls within a desirable school zone with reputable institutions, ensuring quality education for the young ones.

Updated on December 18, 2024