Nestled at 48 Davies Drive, Kawhia, Otorohanga, this residential dwelling on a freehold title is a rare gem. Constructed in 1950 with a mix of fibrous cement walls and an iron roof, it boasts 4 bedrooms, 3 carparks, and a generous floor area of 143 square meters on a land size of 693 square meters. The property, with its easy/moderate rise contour, has undergone tasteful redecoration, featuring one-run carpeting, a modern kitchen, and an ensuite off the main bedroom. The CV has seen a remarkable increase from $340,000 in August 2019 to $580,000 as of October 2022, reflecting a growth rate of 70.59%. The HouGarden AVM estimates the property's value at $572,500, making it an attractive investment. This home, with its big shed and ample off-street parking, is perfect for those with larger vehicles or numerous toys, and the high-stud 3-bay shed with a mezzanine floor is the ultimate man cave.
With a government valuation on the rise and a prime location, this property is a serious contender on the market. The recent sale history and the property's CV growth percentage indicate a sound investment opportunity. The big house and shed are indeed seriously for sale, and it's an offer that shouldn't be missed.
For families with children, the school zone is another highlight. The local schools boast good decile ratings, ensuring quality education for your little ones.
Updated on November 26, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 5.55 km | 2 | 1 | 59m2 | Year 2024 Month 11 Day 21 | $465,000 | Council approved | |
 | 5.66 km | 0m2 | Year 2024 Month 10 Day 18 | $240,000 | Council approved | |||
7.13 km | 1 | 1 | 33m2 | Year 2024 Month 10 Day 14 | $490,000 | Council approved | ||
14.08 km | 3 | 1 | 100m2 | Year 2024 Month 09 Day 27 | - | Council approved | ||
14.08 km | 3 | 1 | 100m2 | Year 2024 Month 09 Day 06 | $545,000 | Council approved |