241a Cowell Street, Kawhia, Otorohanga

Located at 241a Cowell Street, Kawhia, Otorohanga, this residential vacant property presents a unique opportunity for those looking to create their holiday bach or a family home. The property features a large 820 sqm flat freehold section that is within walking distance to town and the boat ramp. Although the property comes with no covenants, allowing for creative freedom, it currently has no bedrooms, bathrooms, or car parks, and the floor area is unspecified. The site is enhanced by established gardens that offer privacy and shade, a shipping container for storage, and fruit trees surrounded by existing fencing for safety. The property's construction details such as the roof and walls are unknown, indicating a blank canvas ready for development.

The property has seen a significant increase in capital value, from $118,000 in August 2019 to $201,000 in October 2022, marking a 70.34% rise. The HouGarden AVM estimates its value at $190,000. It last sold for $245,000 on January 3, 2024, showing a notable appreciation from its previous sale price of $185,000 on April 4, 2004. This trend underscores the property's growing appeal and potential as an investment or development project.

While specific school zone information is not provided, the property's location in Kawhia, Otorohanga, suggests access to local schools and amenities. The area is known for its outdoor activities, including surfing, fishing, and exploring the coastline, making it an ideal spot for a family home or holiday destination.

Updated on April 06, 2024.