93 Kenny Street, Waihi, Hauraki

Nestled in the historic Kenny Street of Waihi, Hauraki, this residential dwelling on a freehold section of 908sqm is a slice of history, ready for a revamp. The 2-bedroom, 1-bathroom home with a separate living area, kitchen, and an attached carport, offers a project of potential. Constructed in 1900 with mixed materials for the walls and iron for the roof, the property, though in fair condition, requires modernization or restoration to reclaim its former glory. The capital value has remained stable at $450,000 since July 2021, with a zero increase percentage. The HouGarden AVM estimates the property at $432,500, and the latest sale history shows a significant jump from $120,000 in 2016 to $395,000 in 2021, indicating growth and investment potential. Sold 'As Is Where Is', this property is perfect for those seeking a piece of the good ol' days.

From a valuation perspective, the property's CV has seen no increase, reflecting a steady market sentiment. The quiet cul-de-sac location adds to the property's charm, offering a serene environment for potential development, subject to local council and heritage regulations. The single garage with an attached room at the rear provides additional space for storage or potential conversion.

For families with children, the school zone is a significant draw. With a decile rating that reflects educational excellence, the nearby schools are a testament to the community's commitment to quality education. This property not only offers a chance to own a piece of history but also to be part of a thriving educational community.

Updated on May 02, 2024