Nestled at 39 King Street West, Te Kuiti, Waitomo, this commercial property is set on a generous 2023sqm of land with a floor area of 490sqm. It boasts a freehold title, ensuring full control and ownership. The exterior walls are constructed with mixed materials, while the roof is made of iron, both in average condition. It includes a single carpark, contributing to the convenience of this already strategically located property.
As for financials, the property's capital value has seen a significant increase from $385,000 in September 2018 to $560,000 in September 2021, reflecting a growth rate of 45.45%. The HouGarden AVM estimates the property's value at $542,500. The latest sale record dates back to July 19, 2005, with a transaction price of $368,562.
For families, the property falls within a desirable school zone. With a focus on education, this zone offers access to well-rated schools, ensuring a quality education for children.
Updated on August 22, 2024