Nestled in the tranquility of 14a Karihi Road, Karaka, this newly built residence boasts a freehold title and an inviting living space. The 2-bedroom, 1-bathroom home with a single carpark is spread over a level 78sqm floor area on a generous 182sqm plot. The Iron roof and Wood exterior walls are in good condition, ensuring both durability and aesthetic appeal. This property, valued at $650,000 as per the June 2021 government valuation, has seen a rapid increase in capital value. Its modern amenities include a burglar alarm, dishwasher, and heat pump, complemented by a deck for outdoor enjoyment in this quiet cul-de-sac setting.
With a HouGarden AVM of $632,500 and a history of solid sale prices, the property presents a sound investment opportunity. The capital value growth percentage is a testament to the area's desirability. The recent sale history and consistent rise in CV reflect the property's potential as a secure long-term investment.
For families with school-aged children, the property falls within the zones of both Rosehill College (Decile 5) and Ngakoroa School (Decile 0), offering a range of educational options. This combination of modern living, investment potential, and access to quality schooling makes it an ideal choice for those seeking a peaceful yet convenient lifestyle.
Updated on August 30, 2024