92 Greenslade Road, Raglan, Waikato

Nestled in one of the most elevated positions on Greenslade Road, this charming three-bedroom, one-bathroom cottage is a rare gem on the market, boasting breathtaking views of the upper Whaingaroa harbour. Constructed in 1970 with fibrous cement walls and an iron roof, this freehold property sits on a level contour, encompassing a floor area of 75 square meters and a land area of 809 square meters. The property includes a single carpark and presents an average condition both in walls and roof. With a CV of $760,000 as of October 2020, showing no increase from the previous valuation in July 2017, the property's HouGarden AVM stands at $730,000. The latest sale history is notable, with a sale price of $1,020,000 in February 2024, a significant jump from the $67,000 sale in December 1994. This secluded retreat, north-facing to capture the beauty of the surroundings, is perfect for those seeking a tranquil escape.

From a valuation perspective, the capital value has seen a 0.0% increase over the observed period, yet the latest sale indicates a substantial market appreciation. This is a property that not only meets the needs of a permanent residence but also holds potential as a lucrative investment.

For families with school-aged children, this property falls within the catchment area of Raglan Area School, a composite school with a decile rating of 4. The combination of a desirable location, stunning views, and a reputable school zone makes this property an attractive package for potential buyers.

Updated on April 10, 2024