29a Awakino Road, Te Kuiti, Waitomo

Nestled on an elevated 541m² section at 29a Awakino Road, Te Kuiti, Waitomo, this 1985-built, freehold property boasts 2 bedrooms, 1 bathroom, and a single carpark. The residence, with iron roofing and fibrous cement walls in good condition, offers an easy/moderate rise contour and a private, good outlook, making it suitable for a young couple or those looking to downsize. The property's capital value has seen a remarkable increase of 87.18% from $195,000 in 2018 to $365,000 in 2021. The latest sale was recorded at $310,000 in 2024, with a HouGarden AVM of $340,000, reflecting its market potential.

With a floor area of 99m², this home includes a hobby room and requires some tender loving care. The government valuations and the recent sale history indicate a promising investment opportunity. The property is rated with a CV of $365,000, which aligns with the asking price, offering a fair deal for potential buyers.

For families with children, the property falls within a desirable school zone. The local schools are known for their high decile ratings, ensuring quality education for young ones.

Updated on June 26, 2024