Nestled in the serene environment of 60 Hill Street, Te Kuiti, Waitomo, this freehold property boasts a residential dwelling with 4 bedrooms and a spacious floor area of 135 square meters. Constructed in 1940 with wooden walls and tiled roofing, the house presents an average condition both in walls and roof. It sits on a land area of 1244 square meters with an easy/moderate rise contour, offering a single carpark and additional carport spaces. The modern amenities include a heat pump for climate control and a ventilation system for year-round comfort. The property has seen a significant 46.03% increase in Capital Value from $315,000 in 2018 to $460,000 in 2021, with a HouGarden AVM of $427,500. The latest sales history shows transactions at $360,000 in 2019 and $310,000 in 2017.
With a keen eye on investment growth, this property presents a golden opportunity. It not only offers a quiet and private lifestyle in a cul-de-sac but also convenient access to local shops and highly regarded schools. The motivated vendor has reduced the price significantly, inviting you to seize this chance for elevated family living.
For families with children, the school zone is a key highlight. The property falls within a highly rated decile, ensuring access to quality education. This, coupled with the property's capital value growth potential, makes it an ideal choice for those seeking both a comfortable family home and a sound investment.
Updated on July 16, 2024