Nestled on a sprawling 4758m2 lot with tranquil rural vistas, this freehold property at 794 Pirongia Road, Pirongia, Waipa, presents a golden opportunity for those seeking a lifestyle upgrade. Constructed in 1910 with Malthoid walls and an Iron roof, the main dwelling spans 120m2 and features 3 bedrooms, a bathroom, alongside kitchen, dining, and living spaces, all yearning for a creative renovation touch. A newer 90m2 secondary dwelling, consented as a sleep-out, is cleverly segmented into three rooms with a bathroom and an open-plan living area, complete with a covered patio for outdoor enjoyment. The property has seen a 45.45% increase in Capital Value from $660,000 in August 2019 to $960,000 in August 2022. The HouGarden AVM estimates the property at $950,000, while the latest sales were recorded at $568,500 in 2017 and $405,000 in 2006. The buildings are in average condition, and the land is complemented by over 15 mature trees, a carport, a 100m2 workshop/shed with concrete flooring and three-phase power, and additional utility sheds.
For families with school-aged children, the property falls within the highly rated Pirongia School's zone, a Full Primary with a decile rating of 10, and is in close proximity to Te Awamutu College, a Secondary school with a decile rating of 5.
With immense potential and a touch of history, this rural do-up with two dwellings is a unique find in today's market.
Updated on November 08, 2024