916 Rangiatea Road, Otorohanga, Otorohanga

Nestled on a prime section of Rangiatea Road, this charming property on 916 Rangiatea Road, Otorohanga, Otorohanga, is a perfect blend of vintage appeal and modern convenience. Constructed in 1945 with wood exterior walls and an iron roof, this freehold property boasts 3 bedrooms and 2 car parks, sitting on a generous 4046sqm of land with a floor area of 144sqm. The property's capital value has seen a remarkable increase from $309,000 in August 2019 to $480,000 as of October 2022, reflecting a 55.34% growth rate. The property's contour is an easy/moderate rise, and both the walls and roof are in average condition.

According to the HouGarden AVM, the property is valued at $465,000, while the latest sale on May 29, 2024, was recorded at $570,000, indicating a high market demand for this lifestyle Improved category property.

For families with children, the property falls within a desirable school zone with excellent educational facilities, ensuring a top-notch learning environment for the little ones.

Updated on July 26, 2024