Nestled on an elevated 1378m2 corner section at 70 Gradara Avenue, Otorohanga, this 1950's family home boasts expansive views and a freehold title. Constructed with wood walls and an iron roof, it features 3 bedrooms, a large lounge with a wood burner, a semi-open plan kitchen/dining area equipped with a heat pump, and a sunroom perfect for relaxation. The property includes a basement garage, a man-cave, and is a short distance from local amenities. The current Capital Value (CV) stands at $570,000, showing a significant increase of 41.44% from the 2019 valuation of $403,000. The HouGarden AVM estimates the property's worth at $572,500.
With a CV growth rate that outpaces the norm, this property's value has seen a rapid ascent. The land is valued at $290,000, while improvements are valued at $280,000. Council rates are set at $2751.10 for the Otorohanga District and $346.21 for the Waikato Regional Council, reflecting a well-managed and desirable property in a sought-after location.
For families with children, the school zone is a significant draw. The local schools boast impressive decile ratings, ensuring a quality education for the kids. This home's location in a quiet cul-de-sac street adds to its appeal, providing a peaceful environment for family life.
Updated on September 23, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.65 km | 3 | 1 | 106m2 | Year 2024 Month 11 Day 15 | - | Council approved | |
 | 0.16 km | 3 | 1 | 83m2 | Year 2024 Month 11 Day 08 | - | Council approved | |
 | 0.44 km | 3 | 1 | 120m2 | Year 2024 Month 09 Day 25 | $487,000 | Council approved | |
0.26 km | 3 | 1 | 120m2 | Year 2024 Month 09 Day 17 | - | Council approved | ||
0.13 km | 3 | 103m2 | Year 2024 Month 08 Day 27 | $500,000 | Council approved |