44 Semple Street, Huntly, Waikato

Nestled on a serene cul-de-sac at 44 Semple Street, Huntly, Waikato, this 840 sqm freehold section presents a captivating development prospect. With no covenants on the title, it's a blank canvas for investors and first-time homebuyers seeking to enhance property value. The flat section, once home to a previous dwelling, now stands cleared, offering a concrete pad from the original garage and a driveway. The property's location, adjacent to Lake Puketirini and in proximity to the Waikato Expressway, makes it an ideal base for commuters to Auckland and Hamilton, with the added convenience of the Huntly Station for train commuters. The section's unknown roof and wall construction pose no restrictions on the creative design of your new build. With a current Capital Value (CV) of $150,000, unchanged since July 2023, and an AVM of $145,000 from HouGarden, this opportunity is as solid as the section's level contour.

History shows a stable CV with no increase over the observed period, yet the potential for growth is undeniable in this sought-after area. The property's vacant status and lack of recent sale history allow for a fresh start and a promising investment outlook.

For families, the school zone is a significant draw, with quality educational institutions within reach. Huntly's school network is known for its high decile ratings, ensuring a sound investment in education as well as real estate.

Updated on July 23, 2024