21 Kingfisher Way, Te Kowhai, Waikato

Nestled at 21 Kingfisher Way, Te Kowhai, Waikato, this residential dwelling boasts a serene lifestyle adjacent to the picturesque Perrinpark lake. The 1980-built home features 3 bedrooms, 1 bathroom, and a carpark, with a floor area of 88 square meters. It dons a Fibrous Cement exterior and a Tiles roof, both in average condition. It is situated on a level contour and holds a Unit Title. Since the last sale in 2011 for $235,000, the property has seen a consistent Capital Value of $380,000, with no increase according to the latest government valuation in 2020. The HouGarden AVM estimates the property at $362,500, presenting a potential investment opportunity. Perrinpark offers a unique lifestyle, particularly suitable for the 55+ age group, with amenities like outdoor bowling green, library, and function spaces, all within a well-managed community.

From a valuation perspective, the property has maintained a stable Capital Value since 2017, with a 0.0% increase over three years. The latest sale price reflects a significant gap from the current CV, indicating a possible undervaluation in the market. This, coupled with the peaceful and well-maintained setting, makes it an attractive prospect for homebuyers and investors alike.

For families with school-aged children, the property falls within the zones of Hamilton's Fraser High School (Decile 4) and Te Kowhai School (Decile 10), ensuring access to quality education. This combination of a tranquil living environment and a strong school network positions 21 Kingfisher Way as an ideal choice for those seeking both comfort and educational excellence.

Updated on April 22, 2024