8 Te Kumi Road, Te Kuiti, Waitomo

Located at 8 Te Kumi Road, Te Kuiti, Waitomo, this residential dwelling boasts 3 bedrooms, 1 bathroom, and 3 car parks. Covering a floor area of 130 sqm on a substantial land area of 893 sqm, the property is a freehold title. Built in 1910, the house features wood wall construction in good condition and an iron roof also in good condition. The level contour of the property adds to its appeal, inviting you to add your finishing touches to some already done renovations. Its central position close to schools and shops makes it an ideal family home.

Over the years, the capital value of the property has seen a significant increase, from $225,000 in September 2018 to $365,000 in September 2021, marking a 62.22% growth. The HouGarden AVM estimates its value at $357,500. The latest sale recorded on February 22, 2024, was at $530,000, a substantial increase from its previous sale at $65,000 on February 8, 2012. This demonstrates the property's strong capital value growth and investment potential.

The property is well-positioned within the school zone, offering access to quality education. While specific schools and decile ratings are not mentioned, its proximity to schools underscores its suitability for families looking for a convenient and central location.

Updated on March 22, 2024.