Nestled at 59 Pipiroa Road, Ngatea, Hauraki, this charming residential dwelling is set on a level 809sqm freehold section. Constructed in 1980 with iron walls and roof, both of which are in good condition, this home boasts 97sqm of floor area and is configured with 3 bedrooms and 1 bathroom. The property's capital value has remained stable, with a CV of $600,000 as of September 2021, showing a 0.0% increase since July of the same year. Notably, the HouGarden AVM estimates the property's value at $547,500.
Reflecting a strong investment potential, the latest sale history records a significant jump from $94,000 in 1994 to $677,500 in October 2024. This indicates a substantial growth in the property's market value over the years.
For families with school-aged children, the property falls within the zones of both Hauraki Plains College, a secondary school with a decile rating of 5, and Ngatea School, a full primary school with a decile rating of 6, ensuring quality education options.
Updated on December 11, 2024