Nestled in the serene Kihikihi, Waipa, at 10 Galloway Street, this residential dwelling on a freehold title is a gem for both first home buyers and developers. Constructed in 1960 with wood walls and an iron roof, the property stands on an elevated site of approximately 1437sqm. It boasts 3 bedrooms, 1 bathroom, and a carpark, with a floor area of 97sqm. Notably, the home is fully insulated, including the exterior walls, and equipped with two heat pumps for optimal temperature control. The modern walk-in shower caters to special needs, while the generous sheltered deck provides an ideal space for family gatherings. The basement garage workshop is perfect for projects or secure vehicle storage.
With a CV of $650,000 as of August 2022, this property has seen a remarkable increase of 56.63% from its $415,000 valuation in August 2019. HouGarden AVM estimates the property at $602,500, and the latest sale history includes transactions in 2005 at $130,000. This indicates a promising investment with a solid capital value growth trajectory.
For families with school-aged children, the property falls within the zones of Te Awamutu College (Secondary, Decile 5) and Te Awamutu Intermediate (Intermediate, Decile 5), ensuring access to quality education. This well-positioned family home in a quiet cul-de-sac is indeed an opportunity not to be missed.
Updated on June 21, 2024