8 Hakarimata Road, Ngaruawahia, Waikato

Nestled on a quiet cul-de-sac at 8 Hakarimata Road, Ngaruawahia, Waikato, this charming 2-bedroom, 1-bathroom residential dwelling is graced with a freehold title. Constructed in 1950 with wood exterior walls and tile roofing, the property boasts an average condition for both walls and roof. Spanning a floor area of 85 square meters and a level land area of 695 square meters, it includes a single carpark and a delightful outdoor deck. The property's government valuation (CV) has remained stable at $510,000 since 2023, with no increase, while the HouGarden AVM estimates it at $465,000. The latest sale history shows a significant jump from $15,000 in 1995 to $500,000 in 2024, indicating a substantial capital value growth.

With a CV increase percentage of 0.0, this property presents a consistent investment opportunity. It was last sold on October 24, 2024, for $500,000, a stark contrast to its previous sale price of $15,000 on December 14, 1995. The well-maintained gardens, garage, and move-in-ready condition make it an attractive option, with total move-in costs amounting to $1,360.00, including bond and rent in advance.

For families with children, 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 the young ones.

Updated on December 04, 2024