116 Lyon Street, Kihikihi, Waipa

Nestled in the tranquility of a quiet cul-de-sac at 116 Lyon Street, Kihikihi, Waipa, this freehold property, built in 1960, offers a charming residential dwelling. The well-maintained brick exterior and iron roof complement the 3-bedroom, 3-carpark home, which spans a floor area of 175 square meters on a generous 2199 square meter section. The property presents a prime opportunity with its 'as is, where is' condition, inviting potential for enhancement.

With a current Capital Value (CV) of $990,000, this property has shown a significant increase of 41.43% from its 2019 CV of $700,000. The HouGarden AVM estimates the property's worth at $980,000, while the latest sale history includes transactions in 2012 for $395,000 and in 1997 for $125,000. These figures reflect a promising investment growth trajectory.

For families with school-aged children, the property falls within the Te Awamutu College (Secondary, Decile 5) and Te Awamutu Intermediate (Intermediate, Decile 5) zones, ensuring access to quality education. The combination of a solid property foundation, potential for value addition, and a desirable school network makes this estate sale an opportunity not to be missed.

Updated on November 29, 2024