1501 State Highway 4, Te Kuiti, Waitomo

Nestled at 1501 State Highway 4, Te Kuiti, Waitomo, this pastoral finishing property is a charming freehold with a generous land area of 214,050 square meters. It boasts 3 bedrooms, a spacious floor area of 163 square meters, and a carpark. The exterior walls, constructed from wood, are in good condition, as is the iron roof, both complementing the rural ambiance. The property has seen a significant increase in capital value, rising from $575,000 in September 2018 to $820,000 in September 2021, marking a growth rate of 42.61%.

With a HouGarden AVM of $770,000, the latest sale history is notable, with a transaction on March 28, 2024, for $950,000, a substantial leap from the previous sale of $90,000 on February 4, 2002. This indicates a robust investment potential in the property market.

For families with children, the school zone is a significant draw. The property falls within a highly regarded school district, ensuring access to quality education.

Updated on April 11, 2024