Nestled in a serene cul-de-sac at 2/91 Esplanade, Te Kuiti, Waitomo, this residential ownership home unit boasts a practical layout with 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1970 with mixed materials for the walls and tiles for the roof, this property presents an average condition both inside and out on a level contour. It is offered on a Cross-Lease title, providing a unique opportunity for those seeking to escape the rental cycle with a deposit as low as $12,500. The property has seen a significant Capital Value (CV) increase from $135,000 in 2018 to $280,000 in 2021, reflecting a growth rate of 107.41%. The HouGarden AVM estimates the property's value at $270,000, while the latest sale history shows a sale price of $230,000 in 2024 and $89,000 in 2005.
With a clear asking price of $250,000, these Lockwood style units with a combined shower and toilet area are priced to meet the market. The vendor is firm on their price, and a viewing will likely confirm that the asking price is in line with today's market values.
For families with children, the property falls within a desirable school zone with excellent educational facilities, ensuring a top-notch education for your little ones.
Updated on October 16, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.29 km | 3 | 1 | 130m2 | Year 2024 Month 09 Day 12 | $520,000 | Council approved | |
 | 0.18 km | 3 | 1 | 96m2 | Year 2024 Month 08 Day 19 | $320,000 | Council approved | |
 | 0.15 km | 3 | 1 | 130m2 | Year 2024 Month 07 Day 17 | $415,000 | Council approved | |
 | 0.00 km | 2 | 1 | 72m2 | Year 2024 Month 07 Day 08 | $250,000 | Council approved | |
 | 0.07 km | 3 | 155m2 | Year 2024 Month 06 Day 30 | $450,000 | Council approved |