10 Fraser Street, Huntly, Waikato

Nestled on a level 518sqm section at 10 Fraser Street, Huntly, Waikato, this residential dwelling is a charming 2-bedroom, 1-bathroom home with a single carpark. Constructed in 1940 with wooden walls and tiled roofing, it boasts an average condition both inside and out. As a freehold property, it presents a solid foundation for investment with a government valued capital of $285,000 since 2017, showing a stable CV growth rate of 0.0%. The property's potential is further highlighted by the HouGarden AVM of $265,000 and a recent sale on December 14, 2021, for $320,000. Whether you choose to move in, renovate, or consider it as a rental, this property offers a promising start with opportunities to add value, such as adding a garage or exploring multiple housing options by acquiring adjacent properties. Currently tenanted at $450.00 per week, this home is a lucrative addition to any portfolio.

Since 2017, the capital value has remained consistent, reflecting a stable investment. The HouGarden AVM and the latest sale price indicate a higher market perception of the property's worth, which could be a sign of future growth. With a CV increase of 0.0% over the observed period, investors can expect a reliable asset that has withstood market fluctuations.

For families, the property falls within a desirable school zone. With a focus on education, the local schools have a positive decile rating, ensuring quality education for children. This makes the property not just a home but a wise choice for those considering the long-term benefits of a reputable school network.

Updated on June 14, 2024