Nestled in the tranquil cul-de-sac of Noverma Street, Te Kauwhata, this vacant residential property on a level 240 sqm freehold section is a gem waiting to be discovered. With 3 bedrooms and unknown bathroom details, it presents an alluring opportunity for potential homeowners. The property, though with unknown specifics for the wall and roof construction, promises modern amenities like a Mitsubishi heat pump and double-glazed windows. Its government capital value as of October 2020 stands at $250,000, while the HouGarden AVM estimates it at $230,000. The latest sale record from May 2020 shows a transaction of $219,055, indicating a potential for value appreciation. For families, the property falls within the zone of Te Kauwhata Primary School, rated decile 5, and Te Kauwhata College, a secondary school with a decile rating of 4.
History shows a promising trend in the capital value increase, making this property an attractive investment. The unknown roof and wall conditions may require some attention, but the overall contour of the land is level, offering ease of development. The property brief highlights digital entry, an alarm system, and other modern features that make it a convenient and secure choice.
With a school network that includes well-rated institutions, this property is not just a home but a foundation for a good education. The Te Kauwhata schools are known for their contributing and secondary education, providing a solid base for learning. At $629,000, this property is a turnkey opportunity that won't last long.
Updated on June 05, 2024