229 Waiwera Street, Kawhia, Otorohanga

Nestled in the tranquil Kawhia, at 229 Waiwera Street, this 1980-built residential dwelling boasts 3 bedrooms, 2 carparks, and a floor area of 140 square meters on a generous 869 square meter freehold section. The home features fibrous cement walls and an iron roof, both in average condition, and is set on a contour with an easy/moderate rise. It's perfect for those seeking a mix of semi-rural, urban, and forestry/bush views, with an elevated deck for enjoying long summer days and a covered area at the rear. The property has seen a significant increase in Capital Value (CV), rising from $345,000 in August 2019 to $580,000 as of October 2022, indicating a growth of 68.12%. The HouGarden AVM estimates the property's worth at $537,500. The latest sale history includes transactions in 2005 for $230,000 and in 1995 for $37,000. This property is not just a home but an opportunity knocking with potential for further value appreciation.

As for the government valuation, the rapid increase in CV speaks volumes about the investment potential. The property's latest CV is a testament to the desirability of the location and the property itself. The HouGarden AVM provides a realistic estimate, reflecting the current market trends and property value.

In terms of education, this property falls within a highly regarded school zone. Kawhia's peaceful environment and the proximity to quality educational institutions make it an ideal choice for families. The district offers all the necessary amenities, with larger cities like Hamilton, Te Awamutu, and Otorohanga being within a convenient driving distance.

Updated on May 29, 2024