Nestled on a levelled section of 921 square meters in the peaceful cul-de-sac of 46 Durham Street, Ngaruawahia, Waikato, this freehold property built in 1974 boasts of a fibrous cement exterior and an iron roof in good condition. The 88 square meter floor area accommodates 3 bedrooms, 1 bathroom, and a spacious open plan living, complemented by a separate laundry and a large shower. With a current Capital Value (CV) of $520,000, unchanged since 2017, and a HouGarden AVM of $500,000, this residence has a CV increase speed of 0.0%. Notably, the property was sold for $438,000 in 2019 and $372,500 in 2017, indicating a potential for value appreciation. The property offers a triple bay garage with an insulated lined room, a new concrete driveway, and ample off-street parking, making it an ideal family home.
Despite the CV remaining stable, the property presents a sound investment with a potential for growth. The latest sale history and the AVM reflect a healthy real estate market in the area. The well-established gardens and fruit trees, along with the deck and private patio, enhance the indoor-outdoor flow, creating a serene environment for family gatherings and summer entertainment.
For families with children, the school zone is a significant advantage. The property falls within a highly rated decile, offering access to quality educational institutions. This family home, with its large, sunny section, provides a safe and spacious environment for children and pets to play and thrive.
Updated on April 22, 2024