Nestled on a level plot at 24 Wharepuhunga Road, Otorohanga, this freehold property is a charming brick home with iron roofing, built in 1994 and maintained in good condition. It boasts 4 bedrooms, 2 bathrooms, and a floor area of 260 square meters, sitting on a vast land of 16,299 square meters. The property has seen a capital value increase of 50.56% from $890,000 in August 2019 to $1,340,000 as of October 2022, reflecting a rapid growth potential. HouGarden AVM estimates the property at $1,240,000, while the latest sales were recorded at $625,000 in 2016 and $257,000 in 1994.
With a decile rating of 5, Te Awamutu College and Te Awamutu Intermediate are within the school zone, while Korakonui School, rated at decile 8, is also accessible. This makes the property an ideal choice for families with school-going children. The property is equipped with a bore water supply, a three-bay implement shed with 3-phase power, and a recently refurbished saltwater pool, offering both convenience and comfort.
Located in a quiet cul-de-sac, this property is perfect for those seeking a modernized lifestyle. The open plan kitchen, lounge, and dining area, along with the second separate lounge, provide ample space for family activities. The added convenience of the school bus stopping right at the gate further enhances the appeal of this property. Whether you're looking for a family home, a small retirement block, or an option to work from home, this property is a package that promises satisfaction.
Updated on June 21, 2024