Nestled on a level 607m2 section at 4 Tawhana Street, Te Kuiti, Waitomo, this residential dwelling boasts a freehold title with a modern brick exterior and a robust tile roof. Despite the fire damage to the dwelling, which is deemed beyond repair, the property presents a 173m2 floor area with 3 bedrooms and a carpark. The site, located in a quiet cul-de-sac, is close to the town center and holds a promising capital value growth history, with a 6.43% increase from $70,000 in September 2018 to $520,000 in September 2021. The property is offered for sale by Tender in its current 'AS IS' condition.
As per the latest records, the property's HouGarden AVM stands at $525,000, with the most recent sale taking place on August 27, 2024, for $595,000, indicating a significant value increase from the previous sale of $60,000 on May 29, 2020. This flat site in a serene setting presents a unique investment opportunity for interested parties to conduct their due diligence and submit tenders.
For families, the property falls within a desirable school zone, ensuring access to quality education. The nearby schools, known for their high decile ratings, make this property even more appealing for those seeking a well-rounded lifestyle.
Updated on September 04, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.26 km | 4 | 136m2 | Year 2024 Month 11 Day 26 | $405,000 | Council approved | |||
 | 0.13 km | 2 | 130m2 | Year 2024 Month 10 Day 03 | $285,999 | Council approved | ||
 | 0.06 km | 3 | 125m2 | Year 2024 Month 09 Day 16 | $345,000 | Council approved | ||
 | 0.27 km | 4 | 150m2 | Year 2024 Month 09 Day 11 | $425,000 | Council approved | ||
 | 0.28 km | 4 | 210m2 | Year 2024 Month 09 Day 02 | $485,000 | Council approved |