5 Thompson Road, Kerepehi, Hauraki

Located at 5 Thompson Road, Kerepehi, Hauraki, this residential dwelling boasts 3 bedrooms, 1 bathroom, and spans across a floor area of 90 square meters, sitting on a generous land area of 1181 square meters. The property, built in 2022, features a freehold ownership type, ensuring complete control over the land and home. It is constructed with fibrous cement walls in good condition and a tiled roof, also in good condition, atop a level property contour.

The capital value (CV) of this property has remained stable at $310,000 as of both July and September 2021, with no increase in CV recorded. However, the HouGarden AVM estimates the property's value at $305,000. The latest sale, recorded on January 24, 2024, saw the property fetching $560,000, indicating a significant appreciation in value. This growth underscores the property's investment potential and the robust demand in the Kerepehi area.

Education is well catered for, with the property falling within the zone for Hauraki Plains College, a secondary school catering to Year 9-15 students and holding a decile rating of 5. This ensures access to a solid educational foundation for families residing in this home.