Nestled in the serene Pukemiro, on 7 James Avenue, this 1987-built, freehold property is a charming residence that has stood the test of time. The 2-bedroom, 1-bathroom home with an open plan kitchen, dining, and lounge area sits on a sprawling 1,012 m² section. Constructed with fibrous cement walls and an iron roof, both in average condition, this property offers a solid foundation for potential investments or developments. The property's Capital Value has remained stable at $180,000 since 2017, with a HouGarden AVM estimate of $165,000, making it an attractive addition to any investment portfolio. The manageable, slightly sloping contour allows for family gatherings and potential additional units (subject to consent), while the single garage, workshop, and garden shed provide ample storage. This quiet cul-de-sac is just a short drive from Waingaro hot springs, Huntly, Ngaruawahia, and Hamilton, with Glen Massey Primary School, a decile 5 institution, nearby.
With a consistent Capital Value and no increase percentage over the observed period, this property offers stability and potential for growth. The recent sale history and the AVM estimate reflect a realistic market value, making it an appealing opportunity for investors and first-time homebuyers alike.
For families with children, the school zone is a significant plus. Glen Massey Primary School, a full primary school with a decile rating of 5, ensures quality education within reach. This property is not just a house; it's a chance to join a community and invest in a lifestyle.
Updated on May 17, 2024