Nestled on State Highway 3 in the serene Awakino, Waitomo, this commercial accommodation property is a freehold establishment that exudes potential. It boasts a single carpark, a generous floor area of 180 square meters, and is set on a sprawling 41,695 square meter land. The exterior walls, crafted from a mix of materials, are in average condition, as is the iron roof, ensuring a sturdy structure that's ready for further investment.
As per the valuation records, the property's capital value has seen a decrease, from $1,680,000 in September 2018 to the current $1,070,000 in September 2021, indicating a -36.31% change. However, the HouGarden AVM estimates the property's worth at $1,607,500, suggesting a potential for revaluation. The latest sale history is notable, with a transaction in 2024 at $790,000, and a previous one in 1995 at $350,000.
For families considering the property, the school zone is a significant plus. With a decile rating that reflects its academic excellence, the nearby schools are an asset to the community, ensuring a quality education for children.
Updated on April 11, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 14.05 km | 3 | 2 | 166m2 | 2024 06 17 | $800,000 | Council approved | |
31.07 km | 137m2 | 2024 05 17 | $450,000 | Council approved | ||||
 | 27.82 km | -m2 | 2024 04 18 | $32,500 | Council approved | |||
0.14 km | 0m2 | 2024 03 28 | $790,000 | Council approved | ||||
16.38 km | 3 | 109m2 | 2024 01 26 | $280,000 | Council approved |