Nestled in the serene Waikino, 45 Poland Street presents a unique opportunity on a freehold section of 966 square meters. This property, making its market debut since 1986, is ripe for transformation with its level contour and array of mature trees. The unknown roof and wall construction add a layer of mystery to this residential-vacant category property, which is complemented by its undefined floor area and bathroom count. While the capital value remains unchanged from July to September 2021 at $335,000, indicating a stable investment, the HouGarden AVM estimates a slightly lower value at $315,000. This potential-laden property is a short drive from the Waihi Town Centre and is close to the popular Rail Trail.
From a valuation perspective, the property has seen no increase in its capital value over the observed period, which may appeal to investors looking for a consistent market entry point. The history of no recent sales adds to the intrigue of this property's market potential. With a CV increase speed of 0.0%, it presents a stable investment opportunity in a rapidly changing property landscape.
For families with school-aged children, the nearby Karangahake School (Year 7-8) offers a full primary education with a decile rating of 3. This quiet cul-de-sac is an ideal location to raise a family, with the school being an integral part of the community.
Updated on May 17, 2024
