Nestled on a serene 4.02 hectare plot, this freehold property at 54 Te Kawa Road, Otorohanga, is a charming lifestyle haven. Constructed in 2000 with a mix of materials for the walls and iron for the roof, the home boasts 5 bedrooms, 2 carparks, and a sprawling 280 square meters of floor area. The property has seen a significant Capital Value (CV) increase of 42.37%, from $1,180,000 in August 2019 to $1,680,000 as of October 2022. The well-maintained walls and roof are in good condition, and the land is level, making it an ideal choice for those seeking a peaceful retreat.
With a HouGarden AVM of $1,324,500 and a latest sale history showing an increase from $84,000 in 1998 to $126,000 in 2002, this property holds great investment potential. The CV growth is a testament to its increasing desirability and value in the market.
For families with school-aged children, the property falls within the catchment area of Te Awamutu College (Secondary, Decile 5), Te Awamutu Intermediate (Intermediate, Decile 5), and Korakonui School (Full Primary, Decile 8), ensuring access to quality education. This combination of location, land, and value makes it an attractive opportunity for those looking to embrace a lifestyle that balances convenience with the tranquility of country living.
Updated on May 03, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.81 km | 4 | 2 | 260m2 | 2024 06 21 | $960,000 | Council approved | |
 | 1.33 km | -m2 | 2024 06 13 | $935,000 | Council approved | |||
 | 0.28 km | -m2 | 2024 06 05 | $849,000 | Council approved | |||
 | 5.18 km | 3 | 1 | 240m2 | 2024 04 15 | $870,000 | Council approved | |
 | 5.30 km | 0m2 | 2024 03 15 | $425,000 | Council approved |