23 Hinewai Road, Te Kawa, Otorohanga

Nestled amidst magnificent trees and lush plantings, this enchanting fairytale residence at 23 Hinewai Road, Te Kawa, Otorohanga, boasts a 4-bedroom, 3-bathroom, and 3-car park setup. Built in 2000 with solid brick walls and iron roofing, this freehold property sits on a level 8455 sqm section with a floor area of 159 sqm. The CV has seen a 50% increase from $670,000 in 2019 to the current $1,005,000, echoing the property's rapid appreciation. The HouGarden AVM estimates the value at $1,010,000, aligning closely with the government's valuation. With a history of two sales, the latest in 2015 for $420,000, this home's allure is undeniable. The property falls within the Pokuru School (Decile 6) and Te Awamutu College (Decile 5) zones, ensuring quality education for the family. The serene setting, complete with a spacious double garage, a separate sleepout, and a massive 107sqm shed, offers a unique blend of tranquility and practicality.

Not only does the property enjoy a peaceful cul-de-sac location, but it also features a private haven with lush greenery and potential for additional income through Airbnb or boarding. The versatile block, with its bore water supply, allows for a variety of pursuits from backyard cricket to keeping chickens, or even reviving the old tennis court. Despite its rural charm, the property is conveniently located less than 20 minutes from Te Awamutu and about 45 minutes from Hamilton, making it a稀缺 gem in a sought-after area.

With a heat pump, separate laundry, and a covered entertaining patio, this residence is perfect for those seeking both comfort and space. The property's rich history, coupled with its modern amenities and potential for growth, make it a captivating investment opportunity that's not to be missed.

Updated on September 11, 2024