94 Waipa Esplanade, Ngaruawahia, Waikato

Positioned on a generous 650m2 corner section in the highly sought-after Waipa Esplanade, this vacant residential property at 94 Waipa Esplanade, Ngaruawahia, Waikato, offers boundless potential. Boasting a freehold title with no covenants, it invites you to build your dream home or consider other options such as moving an existing home onto the site. The flat contour is complemented by existing fencing, making it an attractive proposition. The property's capital value has remained stable at $340,000 since October 2023, with a HouGarden AVM estimate of $402,500. The latest sale in the area was recorded in November 2024 for $330,000. The property features include unknown roof and wall construction, and it comes with a single car park. Ngaruawahia is a community-rich area with natural bush and river walks, and it offers easy access to Hamilton, The Base shopping centre, and the expressway in both directions.

Since the last valuation, the capital value has seen no increase, reflecting a 0.0% growth rate. This could present a favorable opportunity for investors and homebuyers looking to enter the market.

For families, the property falls within a school zone with excellent educational facilities, ensuring a high standard of learning for children.

Updated on December 11, 2024