88 Haerehuka Street, Otorohanga, Otorohanga

Nestled in the coveted area of Otorohanga, this freehold property at 88 Haerehuka Street boasts a prime location close to amenities with the added benefit of privacy. Constructed in 1977 with concrete walls and tiled roof, this well-maintained home features three spacious bedrooms, a single car park, and a floor area of 108 square meters on a levelled 869 square meter section. The property has seen a significant Capital Value (CV) increase from $375,000 in August 2019 to $535,000 as of October 2022, reflecting a growth of 43.33%. According to HouGarden AVM, the property is valued at $500,000. The latest sale history includes a transaction in June 2022 for $530,000 and a previous one in September 2016 for $270,000.

Zoned for the Otorohanga South School, a full primary with a decile rating of 4, this residence is ideal for families with children. The property offers a large garage with a workshop and additional toilet, two garden sheds for ample storage, and a fully fenced section perfect for children to play. With such a rapid CV increase and a sought-after school zone, this property presents a fantastic opportunity for investors and families alike.

Urgent sale due to the vendor's impending departure, this property is not to be missed. Don't hesitate to seize this chance to own a piece of real estate in a desirable location with excellent growth potential.

Updated on July 12, 2024