Nestled in the sought-after Waihi College zone, 8 Rata Street presents a charming residence on a freehold site, constructed in the early 20th century with wood walls and iron roofing. This 147 square meter home with a floor area of 147sqm and a land area of 840sqm boasts 3 bedrooms, 2 bathrooms, and is complemented by a level contour and fair condition walls and roof. The property's capital value remains stable at $640,000 since September 2021, with no increase over the previous two months. Notably, the HouGarden AVM estimates the property's value at $612,500, while the latest sales history in 2013 and 2012 saw prices of $230,000 and $162,000 respectively, indicating a significant appreciation over the years.
With a CV increase percentage of 0.0, this property offers a secure investment with potential for future growth. The quiet and private setting is further enhanced by a lush garden and a secure backyard, perfect for family life and entertaining. The location is not only convenient but also places you within walking distance to Waihi College and several pre-school options, making it an ideal choice for families with children.
Boasting yesteryear charm and modern amenities, this home is ready for a family to make it their own. Whether you're seeking a character-filled family home or a first step on the property ladder, 8 Rata Street is a must-see property in the Waihi area.
Updated on October 21, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.36 km | 3 | 1 | -m2 | Year 2024 Month 12 Day 03 | - | Council approved | |
 | 0.17 km | 3 | 1 | 132m2 | Year 2024 Month 11 Day 11 | - | Council approved | |
 | 0.42 km | 4 | 2 | 180m2 | Year 2024 Month 09 Day 30 | - | Council approved | |
 | 0.44 km | 3 | 1 | 97m2 | Year 2024 Month 09 Day 26 | $525,000 | Council approved | |
 | 0.21 km | 3 | 141m2 | Year 2024 Month 07 Day 01 | $613,000 | Council approved |