18 Spicer Road, Otorohanga, Otorohanga

Nestled on a sprawling 1820m² section, this charming three-bedroom, one-bathroom residence at 18 Spicer Road, Otorohanga, Otorohanga, offers a serene escape with beautiful countryside views. Constructed in 1950 with wood walls and an iron roof, both in good condition, this freehold property provides ample space with a floor area of 108m² and two car parks. The property has seen a significant Capital Value increase of 68.57% from $350,000 in August 2019 to $590,000 as of October 2022. The HouGarden AVM estimates the property's value at $567,500, while the latest sales were recorded at $400,000 in September 2024 and $275,000 in July 2017. This home is perfect for those who appreciate DIY opportunities and seek to add value to a property.

With a CV growth that outpaces the market, this property is not just a home but a sound investment. The quiet cul-de-sac location adds to the appeal, offering a peaceful environment for family life.

Education is a key highlight, with the Otorohanga South School, a full primary with a decile rating of 4, being part of the local school zone. This semi-rural haven is an ideal choice for families looking to balance country living with the convenience of town proximity.

Updated on October 23, 2024