Nestled in the serene Saint Lukes Crescent of Te Kuiti, Waitomo, this freehold property is a charming residential dwelling. Constructed in 1967 with solid brick walls and an iron roof, it stands as a testament to classic craftsmanship. The 4-bedroom, 1-bathroom home spans an area of approximately 140sqm, while the land area is a generous 716sqm. It includes a carpark and boasts an average condition for both walls and roof. The property, with its easy/moderate rise contour, is equipped with 2 heat pumps, a wood burner, insulation, and a DVS system. Notably, the capital value has seen a rapid increase of 48.33% from $300,000 in September 2018 to $445,000 in September 2021. The HouGarden AVM estimates the property at $427,500, and the latest sale was recorded in May 2017 for $295,000.
With a CV growth that outpaces the market average, this property is not just a home but also a sound investment. The quiet cul-de-sac location adds to the appeal, ensuring peace and privacy. The spacious interior, complete with a large rumpus room, promises comfort and flexibility for any family. Outside, the backyard and lawn provide a tranquil space for children to play and for enthusiasts to tend to the fruit trees.
For families with school-aged children, the property falls within a highly sought-after school zone. The local schools are known for their high decile ratings, ensuring a quality education for the young ones.
Updated on April 26, 2024