Nestled in the charming Bailey Street of Huntly, Waikato, this inviting residential property boasts a freehold title and is set on a generous 1022 sqm section. Constructed in 1980 with robust brick walls and tiled roofing, the dwelling enjoys a floor area of 150 sqm, encompassing 2 bedrooms, 1 bathroom, and 2 car parks. The home is well-maintained with good wall and roof conditions, exuding warmth and light throughout its open-plan kitchen and dining that lead to two separate living spaces. The bathroom has undergone recent refurbishment, and the double bedrooms offer tranquility and space. There's also a separate toilet and laundry, with the potential for the second living area to serve as a third bedroom. The property features a garage with a workshop and a carport, along with a vegetable garden and a chook house for the green thumbs. With a capital value of $520,000, showing no increase since 2017, and a HouGarden AVM of $485,000, this property presents a solid investment. The latest sale was in 2013 for $280,000, indicating a promising growth trajectory. Bailey Street is a quiet cul-de-sac increasingly favored by young families and first-time buyers for its delightful community and ideal location.
From a valuation perspective, the property has seen a stable capital value with a 0.0% increase over three years. The HouGarden AVM reflects a slightly lower estimate, which could present a buying opportunity. The 2013 sale price demonstrates the property's appreciation potential, making it an attractive prospect for investors.
For families with children, the property falls within the Kimihia School zone, a full primary school with a decile rating of 3. The school's rating and the property's location in a family-friendly street make it an excellent choice for those seeking a nurturing environment for their children's education and growth.
Updated on May 15, 2024