3989 Ohaupo Road, Ohaupo, Waipa

Nestled in the serene locale of Ohaupo, mere minutes from Hamilton Airport and the city center, stands this charming three-bedroom, one-bathroom family residence on a freehold section of 1080 sqm. Constructed in 1950 with wood and iron, the house boasts an average condition roof and walls, exuding a cozy, country ambiance. It features an open-plan living area, a modern kitchen with a scullery, and amenities such as a wood fire, wet back heat transfer system, and gas cooking. With a significant portion double glazed, this property not only offers comfort but also energy efficiency. The CV has shown a remarkable increase of 42.55% from $470,000 in 2019 to the current $670,000, reflecting a sound investment opportunity. The HouGarden AVM estimates the property's value at $650,000, while the latest sale history shows a transaction at $670,000 in 2024 and $162,000 in 1997. The property falls within the highly regarded Ohaupo School zone, a full primary with a decile rating of 8.

Boasting easy/moderate contour and a quiet cul-de-sac location, this property is not only an ideal family home but also a lucrative rental, currently tenanted by satisfied occupants. The large garage and extra shedding provide ample space for vehicles and potential workshops. First-time buyers or investors seeking a solid rental should give this property serious consideration. It's a rare gem in a sought-after location where properties rarely come to market.

For families with children, the school network is a significant plus. The Ohaupo School's high decile rating ensures quality education within walking distance. This combination of a desirable location, strong capital value growth, and educational opportunities makes this property an attractive prospect for any buyer.

Updated on August 14, 2024