Nestled at 6 State Highway 3 in the serene Te Kuiti, this charming 1950s residence boasts 4 bedrooms and is set on a freehold section of approximately 1191sqm. Constructed with wood walls and an iron roof, this home offers an average condition exterior with a steep fall contour. The property's capital value has seen a remarkable increase from $205,000 in 2018 to $350,000 as of 2021, reflecting a growth rate of 70.73%. The floor area of 150sqm provides a cozy living space, complemented by a heat pump and open fire for seasonal comfort. Additionally, the property is valued at $320,000 according to the HouGarden AVM, with a latest sale history of $130,000 in both 2018 and 2006.
With a prime location and a CV growth that outpaces the market, this property presents a sound investment. The single carpark and partially fenced yard add to the convenience, while the stunning views over the town provide a serene backdrop for family life.
For families with children, the property falls within a desirable school zone. With close proximity to highly rated educational institutions, this home is an ideal choice for those seeking quality education for their children.
Updated on December 12, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.78 km | 3 | 1 | 90m2 | Year 2024 Month 12 Day 12 | - | Council approved | |
 | 0.08 km | 2 | 110m2 | Year 2024 Month 09 Day 10 | $350,000 | Council approved | ||
 | 0.46 km | 4 | 138m2 | Year 2024 Month 08 Day 29 | $350,000 | Council approved | ||
0.36 km | 3 | 273m2 | Year 2024 Month 07 Day 31 | $1,250,000 | Council approved | |||
 | 0.77 km | 3 | 110m2 | Year 2024 Month 07 Day 26 | $540,000 | Council approved |