4 Kakamutu Road, Otorohanga, Otorohanga

Located at 4 Kakamutu Road, Otorohanga, this residential dwelling is a testament to classic design and comfortable living. Built in 1968, the property features 3 bedrooms, a spacious floor area of 129 square meters, and sits on a generous land area of 632 square meters. The freehold property boasts a brick exterior and an iron roof, both in good condition, ensuring durability and low maintenance. The level contour of the property adds to its appeal, providing a perfect canvas for landscaping or outdoor activities. With 2 carparks, it caters to the modern family's needs.

The property has seen a significant increase in capital value, from $345,000 in August 2019 to $530,000 in October 2022, marking a 53.62% growth. This is a testament to its increasing appeal in the market. The latest sale on January 10, 2024, was at $537,000, slightly above the HouGarden AVM of $520,000, indicating a strong market value. The property's capital value growth and recent sale price reflect its desirability and potential for investment.

Otorohanga South School, a full primary school with a decile rating of 4, serves the area, providing a solid educational foundation for children within the community. The school's proximity and rating ensure that families have access to quality education, making this property an ideal choice for those with young children or planning to start a family.