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5 Te Koko Lane, Kihikihi, Waipa, 3 Bedrooms, 0 Bathrooms, House

Sold: $740,000

Sold on 2024 Year 2024 Month 10 Day 23

5 Te Koko Lane, Kihikihi, Waipa

3
134m2
408m2

Nestled in the serene cul-de-sac of Te Koko Lane, Kihikihi, Waipa, stands a charming 3-bedroom residence on a freehold site. Constructed with a blend of mixed materials for the walls and iron for the roof, this 2024-built home boasts a level contour and a well-maintained exterior. The interior spans a generous 134sqm, featuring a smart floor plan with a spacious open plan living area, heated by a reliable heat pump for all-season comfort. The designer kitchen complements the lovely outdoor entertaining courtyard, while the 3 bedrooms are served by an ensuite and guest bathroom. With a single car garage, additional off-street parking, and proximity to local amenities and the primary school, this property offers both convenience and value. The capital value has seen a remarkable increase of 284.21% from $190,000 in 2019 to $730,000 in 2022, outperforming the HouGarden AVM estimate of $700,000. This is an opportunity not to be missed.

Government valuations reflect a significant growth trajectory, and the recent sale history underscores the investment potential of this property. The Te Awamutu College and Te Awamutu Intermediate, both with a decile rating of 5, are within the school zone, ensuring quality education for the family.

With its brand-new status and freehold title, this residence presents an attractive package for those seeking a combination of modern living, potential investment returns, and access to a desirable school network.

Updated on October 25, 2024

Council Data

Last update : 2024 12 11
Improvement value$445,000
Land value$285,000Increased by 50% from year 2019
CV(Year 2022 Month 08)$730,000Increased by 284% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area408m²
Floor area134m²
Decade of construction2024
Title1036494
Type of titleFreehold
Legal descriptionLOT 10 DP 571640, LOT 6 DP 571640
CouncilWaipa
Estate descriptionFSIM,1/1,LOT 10 DEPOSITED PLAN 571640,499m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Te Awamutu Intermediate
3.54 km
Secondary
7-8
Government
Co-Educational
EQI: 479
5
Te Awamutu College
5.51 km
Secondary
9-15
Government
Co-Educational
EQI: 476
5

Property history

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For developers

Unitary plan:-
Land:408m²
Title:Freehold

Surrounding facilities

Te Koko Lane Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
8 Te Koko Lane, Kihikihi
5.20 km
3
1
125m2
Year 2024 Month 11 Day 18
$725,000
Council approved
36 Whitaker Street, Kihikihi
0.40 km
3
1
93m2
Year 2024 Month 10 Day 01
$480,000
Council approved
51 Whitaker Street, Kihikihi
0.40 km
4
2
-m2
Year 2024 Month 09 Day 12
-
Council approved
7 Te Koko Lane, Kihikihi
5.19 km
3
2
134m2
Year 2024 Month 08 Day 30
$746,000
Council approved
0.20 km
3
294m2
Year 2024 Month 08 Day 23
$675,000
Council approved

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