Nestled in the rapidly developing suburb of Horotiu, Waikato, this residential vacant lot at 94c Horotiu Road is the final section available in a cozy 5-section subdivision. Boasting a level contour and unknown roof and wall construction, this freehold property offers a clean slate for your dream home. With initial geotechnical work done and all services in place, along with titles through, it's ready for your vision to take shape. The property has a government valuation of $300,000 as of October 2020, and a HouGarden AVM of $280,000, indicating a promising investment opportunity in this up-and-coming area where 4 out of 5 sections are already sold.
History shows a consistent rise in the capital value of properties in the area, with a notable increase percentage that reflects the growing demand for real estate in this suburb. The recent sale history further underscores the attractiveness of this location, making it a 'Lucky Last' opportunity that the owner is keen to see gone.
For families, the school zone is a significant draw, with highly-rated institutions that promise a quality education for children. This property is strategically located within a decile that reflects a high standard of living and educational excellence.
Updated on June 10, 2024