Nestled on a quarter-hectare section at 1170 Maungakawa Road, Te Miro, Waipa, this freehold property boasts 4 bedrooms and 2 car parks, with a floor area of 242sqm. Constructed with mixed materials for the walls and iron for the roof, the building, completed in 2024, is in good condition both inside and out. The property, valued at $1,250,000 as per the latest government valuation, has seen a remarkable increase of 331.03% from its previous valuation of $290,000 in 2019. The HouGarden AVM estimates the property's worth at $1,240,000, closely matching the latest sale price of $1,220,000 on October 11, 2024, and a previous sale of $512,000 on May 23, 2023.
With a prime location in a quiet cul-de-sac, the property is not only a gem for investors but also for families, given its school zone. The Cambridge High School, a secondary school with a decile rating of 9, is a significant draw for families with children in the Year 9-15 range. This serene setting, combined with the convenience of being minutes away from town, makes it an ideal choice for those seeking a balanced lifestyle.
Here, you have the potential to create your dream home amidst established trees and a peaceful environment, with the added benefit of being in a community with a strong spirit and quality homes nearby. Urgent sale - this property is looking for an offer that will match its immense potential.
Updated on November 07, 2024