Nestled on a prime 969sqm freehold section at 13 Albert Place, Ngaruawahia, this exquisitely renovated 105sqm, 3-bedroom home is a gem in the heart of a desirable Waikato neighborhood. Constructed in 1969 with mixed materials for the walls and iron for the roof, the property maintains an average condition both inside and out. It sits on a level contour, ensuring ease of living. The home boasts an open-plan kitchen with stainless steel amenities and a charming country-style design, complemented by a heat pump and HRV system for year-round comfort. With a CV of $620,000 as of the latest assessment, showing no increase from the previous year, and a HouGarden AVM of $602,500, this property presents a solid investment. The latest sale in 2018 was for $452,500, indicating a significant capital growth potential. It's not just the numbers that are impressive; the property falls within a highly-rated school zone, ensuring a quality education for the family.
Despite the CV remaining stable, the property has seen a zero percentage increase in its capital value, reflecting a consistent market sentiment. The HouGarden AVM provides a realistic estimate, making it an attractive prospect for potential buyers. The 2018 sale history underlines the property's appreciation over the years, offering a clear indicator of its investment potential.
For families with children, the school network is a significant draw. The property is located in a decile-high zone, with access to top-rated educational institutions that promise a bright future for the young ones.
Updated on August 22, 2024