135 Esplanade, Te Kuiti, Waitomo

Nestled on a sprawling 2023sqm section at 135 Esplanade, Te Kuiti, Waitomo, this charming 3-bedroom residence boasts a Freehold title. Constructed in 1930 with wood walls and an iron roof, the property offers a fair condition interior with a poor roof condition, presenting a prime opportunity for renovation enthusiasts. The capital value has seen a substantial increase from $105,000 in 2018 to $250,000 in 2021, reflecting a growth rate of 38.09%. The property is equipped with 2 carparks and is situated in a quiet cul-de-sac, conveniently located near amenities and schools. The latest sales history includes transactions in 2017 for $60,000 and in 1997 for $40,000. The HouGarden AVM estimates the property's value at $230,000, making it an attractive prospect for developers and investors.

With a promising CV growth trajectory and a decile rating that places it within a desirable school zone, this property is not only a potential investment gem but also an ideal choice for families. The convenient access to quality education adds significant value to this already appealing opportunity.

Embrace the potential of this residence, perfectly positioned for a hassle-free lifestyle with easy access to daily essentials and family-friendly activities.

Updated on December 12, 2024