Nestled in the heart of Te Kuiti, Waitomo, the property at 2 Edward Street is a quintessential example of mid-20th-century architecture, boasting a wooden exterior with an iron roof. This freehold residential dwelling, built around 1950, features 3 bedrooms, 1 bathroom, and a single carpark, spread across a floor area of 96 square meters on a generous land area of 817 square meters. The property's level contour, combined with its good wall condition and average roof condition, makes it a solid choice for families and investors alike.
Over the years, 2 Edward Street has seen a significant appreciation in value. From a capital value of $200,000 in September 2018, it surged to $340,000 by September 2021, marking a 70% increase. This growth is further evidenced by its latest sale price of $315,000 in February 2024, up from $171,000 in March 2018. The HouGarden AVM currently estimates the property's value at $325,000, reflecting its continued desirability in the market.
While specific school zoning information is not provided, the property's location in Te Kuiti, known for its community spirit and quality local schools, suggests that educational facilities nearby are likely to be of a good standard, catering to families looking for a supportive and enriching environment for their children.
Updated on April 05, 2024.