Introducing 3810 State Highway 26 Waitoa, a captivating 1940's bungalow on a freehold section. This property boasts an iron roof and wooden exterior walls, set on a levelled contour with a floor area of 124sqm and a vast land area of 1211sqm. It includes a single carpark and offers a range of possibilities: from selling one title to reduce mortgage or renovate, to building an additional home or a large shed for work-from-home opportunities. The property has seen a significant Capital Value increase of 51.79% from $280,000 in 2018 to $425,000 in 2021, with the HouGarden AVM estimating it at $427,500. The latest sale in 2024 was for $520,000. Double-glazed windows and insulated walls ensure a cozy living environment, while the heat pump provides year-round comfort. This residence is within the decile 7 Tatuanui School, decile 6 Morrinsville College, and decile 5 Morrinsville Intermediate School zones, making it an ideal investment for families.
With a government-estimated Capital Value on the rise and a recent sale history reflecting strong market interest, this property presents a sound investment opportunity. The HouGarden AVM further validates the property's worth, aligning closely with the latest sale price. It's a chance to own a slice of tranquility, conveniently located between Morrinsville and Te Aroha, with easy access to employment hubs.
For families with school-aged children, the property falls within the catchment areas of Tatuanui School, Morrinsville College, and Morrinsville Intermediate School, all reputable institutions known for their academic excellence and community engagement. This charming bungalow not only offers a peaceful retreat but also a promising future for its residents.
Updated on October 02, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 5.20 km | 3 | 1 | 130m2 | Year 2024 Month 12 Day 13 | - | Council approved | |
 | 1.08 km | 3 | 1 | 95m2 | Year 2024 Month 09 Day 27 | $299,000 | Council approved | |
 | 5.37 km | 2 | 1 | 70m2 | Year 2024 Month 08 Day 19 | $268,000 | Council approved | |
 | 0.28 km | 3 | 1 | 90m2 | Year 2024 Month 08 Day 16 | $520,000 | Council approved | |
 | 5.43 km | 3 | 154m2 | Year 2024 Month 08 Day 16 | $761,500 | Council approved |