40 Carroll Street, Te Kuiti, Waitomo

Located at 40 Carroll Street, Te Kuiti, Waitomo, this commercial property is designed for retail use, boasting a generous floor area of 250 square meters and a substantial land area of 2641 square meters. The building, constructed in 1979, features concrete walls in good condition and an iron roof also in good condition, reflecting its well-maintained status. This freehold property, with 0 carparks available, is an excellent opportunity for investors and businesses alike.

Over the years, the capital value of this property has seen a remarkable increase, from $230,000 in September 2018 to $520,000 in September 2021, marking a 126.09% growth. This growth is supported by a HouGarden AVM of $500,000. The latest sale, in January 2024, was recorded at $500,000, significantly higher than its previous sale price of $51,154 in August 1995, showcasing the property's substantial value appreciation over time.

While specific school zone information and decile ratings are not provided, the property's prime location in Te Kuiti, Waitomo, suggests accessibility to local educational facilities and amenities, making it a strategic location for retail businesses.

Updated on April 05, 2024.