This charming two-bedroom, one-bathroom unit, located at 4 Stainton Terrace, Te Kuiti, Waitomo, is a unique find in the market. As the only unit with a carport and a private garden area, it stands out for its exclusivity and appeal. The property spans a floor area of 66 square meters, featuring a well-maintained interior with a combined kitchen and dining area, and a separate lounge for relaxation. The heat pump ensures comfort throughout the year, while the brick exterior and iron roof, both in good condition, promise durability. Built in 1960, this cross-lease property is fenced separately, offering privacy and security, and is conveniently located close to shops and schools.
Over the years, the capital value of this property has seen a significant increase, from $149,000 in September 2018 to $250,000 in September 2021, marking a 67.79% growth. The latest sale on March 7, 2024, was at $250,000, consistent with its HouGarden AVM of $245,000. This growth trajectory underscores the property's increasing market value and investment potential.
The property is situated in a prime location for families, being in close proximity to reputable schools. Its strategic location, combined with the quality of living it offers, makes it an excellent choice for those seeking a comfortable and convenient home.
Updated on March 22, 2024.