3 Panewaka Street, Te Kauwhata, Waikato

Nestled on a level plot at 3 Panewaka Street, Te Kauwhata, Waikato, this residential vacant land boasts a freehold title, offering potential buyers the security of full ownership. While specific details about the number of bedrooms, bathrooms, and carparks are not available, the property presents a blank canvas with a land area of 442 square meters. The construction details of the walls and roof remain unknown, but the property's contour is flat, potentially simplifying any future construction plans.

With a government valuation (CV) of $270,000 as of October 2020 and July 2020, there has been no increase in the CV over that period. However, the HouGarden AVM estimates the property's value at $250,000. Notably, the latest sale history shows a significant jump from $261,250 on April 21, 2022, to $650,000 on May 9, 2024, indicating a possible rapid increase in market value.

For families with school-aged children, this property falls within the zones of Te Kauwhata Primary School, a contributing school with a decile rating of 5, and Te Kauwhata College, a secondary school catering to Year 7-15 with a decile rating of 4, ensuring quality education options are within reach.

Updated on May 22, 2024