Nestled at 2 Ailsa Street, Te Kuiti, Waitomo, this charming residential property on a Freehold title boasts 3 bedrooms, a generous floor area of 142sqm, and a sprawling land area of 1318sqm. Constructed in 1927 with wood walls in average condition and an iron roof in good condition, this property presents a perfect blend of vintage charm and modern comfort. The property's capital value has seen a staggering increase of 51.79% from $280,000 in 2018 to $425,000 in 2021, showcasing a promising investment opportunity. The HouGarden AVM estimates the property's worth at $407,500, while the latest sales history includes transactions at $169,000 in 2007 and $85,000 in 1998.
For families with children, the property falls within a desirable school zone with reputable institutions, ensuring quality education for all ages. The property's location, combined with the educational facilities, makes it an ideal choice for those seeking a balanced lifestyle.
With a capital value growth that outpaces the market average and a prime location in a sought-after school zone, this property is not just a home but a wise investment for the future.
Updated on November 01, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.17 km | 4 | 2 | 188m2 | Year 2024 Month 10 Day 10 | - | Council approved | |
 | 0.13 km | 5 | 257m2 | Year 2024 Month 09 Day 11 | $770,000 | Council approved | ||
 | 0.42 km | 3 | 1 | 100m2 | Year 2024 Month 08 Day 26 | - | Council approved | |
 | 0.19 km | 4 | 2 | 122m2 | Year 2024 Month 07 Day 01 | - | Council approved | |
 | 0.07 km | 4 | 2 | 142m2 | Year 2024 Month 06 Day 20 | - | Council approved |