This charming cottage at 91 Kenny Street, Waihi, Hauraki, is a perfect project for those looking to make their mark on a piece of history. With 3 bedrooms, 1 bathroom, and a single carpark, this property spans a floor area of 71sqm on a generous 990sqm freehold section. Built in 1910, the house features wooden walls and an iron roof, both in poor condition, presenting a unique opportunity for renovation or development, subject to council and heritage requirements. The property is noted for its Heritage and Archaeological significance, making it a noteworthy investment. Additionally, the adjacent property at 93 Kenny Street is also available, offering further potential for the right buyer.
Despite its need for TLC, the property's capital value has remained stable at $450,000 as of September 2021, with no increase from the previous valuation in July 2021. The HouGarden AVM estimates its value at $442,500. Historical sales data reveals a significant jump in value, with the latest sale on March 18, 2021, at $375,000, up from $158,000 on October 20, 2015. This indicates a strong potential for capital growth with the right investment.
While specific school zoning information is not provided, the property's location in Waihi, Hauraki, suggests access to local schools and amenities, making it an appealing option for families looking to establish roots in a community with historical charm.
Updated on March 26, 2024.