Nestled in the tranquility of 6 Glen View Avenue, Otorohanga, this charming residential dwelling on a Freehold title was built in 1966. It boasts 3 bedrooms, 2 car parks, and a spacious floor area of 130m². The exterior walls, constructed of brick, are in average condition, while the iron roof is well-maintained. The property sits on a steep fall contour and offers a generous land area of 913m². Notably, it features an open plan living with a modern kitchen, a heat pump, and a cozy woodburner, complemented by a North East facing deck that captures the sun's warmth, providing a rural outlook over the private section.
As for the property's financial highlights, the Capital Value (CV) has seen a remarkable increase from $350,000 in August 2019 to $515,000 as of October 2022, indicating a growth rate of 47.14%. The HouGarden AVM estimates the property's value at $495,000. The latest sale history includes transactions in 2019 for $356,000 and in 2017 for $295,000. This is indeed a wise investment opportunity.
For families with children, the property falls within the Otorohanga South School zone, a Full Primary with a decile rating of 4. The location provides a convenient short walk to town and ensures a quality education for your little ones.
Updated on October 25, 2024