Nestled at 6 State Highway 3 in the serene Te Kuiti, this charming 1950s residence boasts 4 bedrooms and is set on a freehold section of approximately 1191sqm. Constructed with wood walls and an iron roof, this home offers an average condition exterior with a steep fall contour. The property's capital value has seen a remarkable increase from $205,000 in 2018 to $350,000 as of 2021, reflecting a growth rate of 70.73%. The floor area of 150sqm provides a cozy living space, complemented by a heat pump and open fire for seasonal comfort. Additionally, the property is valued at $320,000 according to the HouGarden AVM, with a latest sale history of $130,000 in both 2018 and 2006.
With a prime location and a CV growth that outpaces the market, this property presents a sound investment. The single carpark and partially fenced yard add to the convenience, while the stunning views over the town provide a serene backdrop for family life.
For families with children, the property falls within a desirable school zone. With close proximity to highly rated educational institutions, this home is an ideal choice for those seeking quality education for their children.
Updated on December 12, 2024