Discover the potential of this 1960's brick home at 4 Kaka Street, Piopio, Waitomo, nestled in a serene setting. This freehold property spans 893sqm, featuring a level contour with a floor area of 109sqm. It comprises three spacious bedrooms, a separate lounge with a heat pump, an open kitchen/dining area, a bathroom equipped with a shower, toilet, and bath, and a separate laundry. The property is enhanced by a conservatory area in the lounge and a sunny deck overlooking the back garden, offering a rural outlook. The exterior boasts brick walls in average condition and an iron roof, also in average condition. A single garage, currently used for storage, complements this residence, providing ample opportunity for enhancement.
Since its last valuation in 2018 at $155,000, the property's capital value has surged by 74.19% to $270,000 in 2021, reflecting its substantial growth potential. The HouGarden AVM estimates its value at $260,000, while its latest sale on January 26, 2024, reached $280,000, significantly higher than its $35,000 sale in 1988. This remarkable capital value increase underscores the property's investment appeal and its promising future in the real estate market.
Located within a sought-after school zone, this property promises a bright educational future for families. While specific school names and decile ratings are not provided, the area is known for its quality education offerings, making it an ideal choice for families seeking both a comfortable home and excellent schooling options.
Updated on April 06, 2024.