Nestled in the tranquility of 6 Ngarongo Street, Te Kuiti, Waitomo, this charming residential dwelling boasts a freehold title on a levelled 541m2 section. Constructed in 1960 with robust brick walls and an iron roof in good condition, this three-bedroom home exudes both vintage charm and modern comfort. The well-maintained property features aluminium joinery, neutral refurbishments that highlight the original cornice mouldings and natural wood finishes, and a cozy log fire complemented by a heat pump for all-season cosiness. With a floor area of 155m2, the home offers an open-plan kitchen and dining area, three generous bedrooms, a family bathroom, and a separate toilet. The property is further enhanced by landscaped gardens, a sunny deck, and a fully fenced single garage/workshop.
Reflecting a strong investment potential, the property's capital value has seen a significant increase from $305,000 in September 2018 to $455,000 in September 2021, marking a growth of 49.18%. The HouGarden AVM estimates the property's value at $422,500, while the latest sales history includes transactions at $450,000 in June 2024 and $453,000 in May 2021.
For families with children, the property falls within a desirable school zone. With a focus on academic excellence and a positive decile rating, the local schools are well-regarded and offer a quality education.
Updated on July 10, 2024