1 Hinerangi Street, Te Kuiti, Waitomo

Nestled at 1 Hinerangi Street, Te Kuiti, Waitomo, this charming 1910-built villa on a freehold title boasts 4 bedrooms, 2 carparks, and a spacious floor area of 173 square meters on a levelled land of 786 square meters. With exterior walls crafted from wood and an iron roof, this property exudes a classic allure. The government's capital value has seen a rapid increase from $270,000 in September 2018 to $405,000 in September 2021, reflecting a growth rate of 50%. The HouGarden AVM estimates the property's worth at $397,500, while the latest sale records show transactions at $47,000 in 1992 and a more recent one at $470,000 in July 2024.

Notably, the property is located within a desirable school zone, with Te Kuiti Primary School being just a short stroll away. This, coupled with the property's high studs and characterful details, like the coal range in the kitchen surrounded by native hardwood, makes it an ideal blend of period charm and modern convenience. The separate unit with its own kitchen and shower adds a unique dimension, suitable for a second income or additional living space for guests.

With such a significant capital value increase and a prime location in a highly-rated school zone, this property is not just a home; it's an investment in a lifestyle that beautifully combines the past and the present.

Updated on August 07, 2024