Nestled at 2 Ailsa Street, Te Kuiti, Waitomo, this charming residential property on a Freehold title boasts 3 bedrooms, a generous floor area of 142sqm, and a sprawling land area of 1318sqm. Constructed in 1927 with wood walls in average condition and an iron roof in good condition, this property presents a perfect blend of vintage charm and modern comfort. The property's capital value has seen a staggering increase of 51.79% from $280,000 in 2018 to $425,000 in 2021, showcasing a promising investment opportunity. The HouGarden AVM estimates the property's worth at $407,500, while the latest sales history includes transactions at $169,000 in 2007 and $85,000 in 1998.
For families with children, the property falls within a desirable school zone with reputable institutions, ensuring quality education for all ages. The property's location, combined with the educational facilities, makes it an ideal choice for those seeking a balanced lifestyle.
With a capital value growth that outpaces the market average and a prime location in a sought-after school zone, this property is not just a home but a wise investment for the future.
Updated on November 01, 2024