Lake Road, Kawhia, Otorohanga

Nestled on a level contour, this vacant lifestyle property on Lake Road, Kawhia, Otorohanga, boasts the security of freehold ownership. While specific details about the number of bedrooms, bathrooms, and carparks are not available, the generous land area of 184,941 square meters offers ample space for potential development. The property's exterior walls and roof construction remain a mystery, but this only adds to the allure of uncovering its full potential.

With a significant increase in capital value from $380,000 in August 2019 to $560,000 as of October 2022, this property has shown a growth rate of 47.37%. The HouGarden AVM estimates the property's worth at $450,000, and the latest sale on April 23, 2024, was for $480,000, indicating a healthy market interest in the area.

For families with children, the property falls within a desirable school zone. While specific decile ratings and school names are not provided, the area is known for its quality educational institutions, making this an attractive investment for those considering the long-term benefits of a reputable school network.

Updated on May 22, 2024