Nestled on a quiet cul-de-sac at 28 Mahi Road, Te Kauwhata, Waikato, this freehold property boasts a generous floor area of 95 square meters on a sprawling 999 square meter section. Constructed in 1980 with fibrous cement walls and an iron roof, both in good condition, this 3-bedroom, 1-bathroom residence includes a carpark and presents a perfect blend of comfort and potential with its heat pump and HRV system. The property's Capital Value (CV) has remained stable at $670,000 since 2023, with a zero increase percentage, while the HouGarden AVM estimates it at $612,500. Notably, the latest sale history shows a significant jump from $477,500 in 2019 to $740,000 in 2024, indicating a promising investment opportunity.
For families with educational considerations, the property falls within the Te Kauwhata Primary School zone, rated a decile 5, and Te Kauwhata College, a secondary school with a decile rating of 4. This residence offers ample space for extended family, hobbies, or rental income, with a powered garage, a large rumpus room, and a portable sleepout, all set on a securely fenced yard with a large movable gate, ideal for outdoor activities and additional parking for up to five vehicles.
With a fresh builder's report available on request, this property is priced to sell and presents a golden opportunity for those seeking room to breathe and grow.
Updated on December 18, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.37 km | 3 | 1 | 100m2 | Year 2024 Month 12 Day 19 | - | Council approved | |
 | 0.33 km | 3 | 1 | 100m2 | Year 2024 Month 12 Day 06 | - | Council approved | |
 | 0.43 km | 3 | 1 | 105m2 | Year 2024 Month 11 Day 12 | - | Council approved | |
 | 0.28 km | 4 | 191m2 | Year 2024 Month 09 Day 09 | $790,000 | Council approved | ||
 | 0.20 km | 3 | 1 | 86m2 | Year 2024 Month 07 Day 17 | $670,000 | Council approved |