Welcome to a charming residence at 44d Te Kawa Street, Otorohanga, a freehold property with a rich history dating back to 1940. This well-maintained home boasts three bedrooms, one bathroom, and two car parks, nestled on a level 1185 sqm plot. The fibrous cement walls and iron roof contribute to its sturdy construction, while the updated kitchen with modern finishes adds a touch of luxury to everyday living. The capital value has seen a remarkable increase of 56.06%, from $330,000 in August 2019 to the current $515,000 as of October 2022. The HouGarden AVM estimates the property at $480,000, with the latest sales in 2019 and 2016 at $322,000 and $235,000 respectively.
Not only is this property a sound investment, but it also falls within the Otorohanga South School zone, a full primary with a decile rating of 4. The outdoor covered entertainment space is perfect for family gatherings, while the single detached garage provides additional storage. This home is ideal for those seeking a blend of comfort, privacy, and convenience.
Embrace the opportunity to be part of a desirable school community and enjoy the benefits of a property that has not only stood the test of time but has also increased significantly in value. This is not just a house; it's a potential investment that could secure your financial future.
Updated on May 13, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 3 | 1 | 120m2 | Year 2024 Month 12 Day 05 | - | Council approved | |
 | 0.16 km | 2 | 117m2 | Year 2024 Month 11 Day 07 | $475,000 | Council approved | ||
 | 0.22 km | 3 | 1 | 90m2 | Year 2024 Month 10 Day 23 | - | Council approved | |
 | 0.24 km | 4 | 1 | 157m2 | Year 2024 Month 10 Day 17 | - | Council approved | |
0.21 km | 2 | 2 | 0m2 | Year 2024 Month 09 Day 20 | - | Council approved |