Nestled at the end of a quiet cul-de-sac on 85 Gradara Avenue, Otorohanga, this Freehold property is a charming 3-bedroom, 1-bathroom home with a floor area of 120sqm, sitting on a vast 4720sqm section. Constructed in 1963 with wood walls and an iron roof, both in average condition, this lifestyle property enjoys a steep fall contour, providing privacy and picturesque bush views. The property has seen a significant Capital Value increase of 52.97% from $353,000 in August 2019 to $540,000 as of October 2022. The latest sales were recorded at $487,000 in September 2024 and $185,000 in October 2015, with the HouGarden AVM estimating the property's worth at $535,000. Notable features include a bonus basement room, a conservatory, a heat pump, and an HRV system.
With a property category described as 'Lifestyle - Improved', this mini urban lifestyle block offers the best of both worlds, combining the tranquility of country living with the conveniences of town life. It's an ideal space for raising small animals and enjoying outdoor adventures, with the added benefit of being in a desirable school zone.
For families with school-aged children, the property falls within a highly regarded school district. The local schools are known for their high decile ratings and quality education, making this an attractive investment for those seeking a quality lifestyle with excellent educational opportunities.
Updated on November 20, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.24 km | 3 | 1 | 106m2 | Year 2024 Month 11 Day 15 | - | Council approved | |
 | 0.51 km | 3 | 1 | 83m2 | Year 2024 Month 11 Day 08 | - | Council approved | |
 | 0.47 km | 3 | 2 | 241m2 | Year 2024 Month 10 Day 14 | - | Council approved | |
 | 0.19 km | 3 | 1 | 230m2 | Year 2024 Month 09 Day 23 | - | Council approved | |
0.40 km | 3 | 103m2 | Year 2024 Month 08 Day 27 | $500,000 | Council approved |