18b Divers Road, Horotiu, Waikato

Nestled in the tranquility of a quiet cul-de-sac at 18b Divers Road, Horotiu, Waikato, this 2017-built residential dwelling boasts a freehold title. The property features 3 bedrooms, 1 bathroom, and 2 car parks, with a floor area of 87 square meters on a level 470 square meter section. The fibrous cement walls and iron roof are both in good condition, complemented by a heat pump for climate control. Currently valued at $590,000 by the government, with no change from the previous valuation, this property presents a consistent investment opportunity. The latest sale in 2018 was for $415,000, while HouGarden AVM estimates the property at $592,500, hinting at a potential for growth.

Since the last valuation, the capital value has seen no increase, yet the property's allure remains with its modern open-plan layout that extends to a sunny north-facing deck. The neutral decor and double glazing contribute to a warm, inviting atmosphere, while the alarm system provides security. This home offers the convenience of immediate possession and the potential to add personal touches in a location that's close to amenities and the decile 3-rated Horotiu Primary School.

For families with school-age children, the property falls within the Horotiu School zone, a full primary school known for its solid educational standards. This combination of a well-maintained home in a desirable school zone makes it an attractive prospect for both first-home buyers and investors.

Updated on September 13, 2024