Nestled in the heart of Otaua Village, this 1-acre (approx.) level property presents a unique opportunity. It boasts a freehold title, 2 bedrooms, and is situated in a serene cul-de-sac at 76 Maioro Road. The roof and wall construction remain unknown, yet the property's potential is undeniable. With a government valuation of $485,000 as of October 2023, and no increase recorded, the property also has a HouGarden AVM of $475,000. The latest sale on July 23, 2024, fetched $510,000, indicating a promising investment. The Waiuku College in the vicinity is a secondary institution with a decile rating of 6, ensuring quality education for the family.
History shows a stable capital value, and the property's contour is level, making it an ideal canvas for your dream home. Whether you seek a private family oasis, a peaceful retirement retreat, or a low-maintenance residence, this property offers the space and freedom to realize your vision. The village's proximity to the river and forest adds to the allure, providing scenic walks and relaxation.
For families with children, the property falls within the catchment area of Otaua Primary School, making it an ideal choice for those seeking convenience and education. This opportunity is not to be missed, as properties like this rarely come to the market.
Updated on August 14, 2024