Nestled in the heart of Te Kuiti, Waitomo, 6 Stainton Terrace presents a charming residential unit from the 1960s. This middle unit of three boasts 2 bedrooms, 1 bathroom, and a single carpark. The 66sqm floor area is complemented by mixed-material walls and an iron roof, both in average condition. The property sits on a level contour with a cross-lease ownership type. Floor-to-ceiling windows flood the living area with natural light, opening up to an elevated front patio, perfect for relaxing and enjoying the view of the meticulously maintained Mangaokewa Stream. The property has seen a significant Capital Value (CV) increase of 67.79% from $149,000 in 2018 to $250,000 in 2021, with a HouGarden AVM of $240,000. The latest sales were recorded at $250,000 in 2024 and $119,000 in 2016. This home is ideal for first-time buyers or those looking to downsize.
Government valuations reflect a promising investment trend, with the property's CV rising at a rapid pace. The quiet cul-de-sac location adds to the appeal, offering privacy and security, while the nearby amenities and accessibility make it a convenient choice for any lifestyle.
For families with children, the school zone is a significant plus. With highly rated schools in the area, this property is not just a home but an investment in your child's future.
Updated on October 09, 2024