Discover the charm of Huntly with this captivating 3-bedroom home located at 62 Russell Road. Boasting a floor area of 97m2 on a sprawling 1169m2 freehold section, this property offers ample space for families and investors alike. Built in the 1950s, the house features fibrous cement walls and an iron roof, both in average condition, set on a land contour with an easy/moderate fall. Inside, the potential is evident, awaiting your personal touch to transform it into your dream home.
Despite no increase in capital value since 2017, remaining at $365,000, the property's intrinsic value is underscored by its substantial land size and the opportunity for enhancement. The latest HouGarden AVM estimates the property at $357,500, reflecting its potential in the current market. Historical sales data reveals a significant appreciation from its sale at $71,000 in 1995 to $320,590 in 2016, highlighting the property's long-term value growth.
Located within the Kimihia School zone, this home benefits from a decile 3 full primary school just a short walk away, making it an ideal choice for families. The proximity to Huntly's amenities, local playgrounds, sports fields, and the picturesque Lake Hakanoa ensures a balanced lifestyle of convenience and leisure.
Updated on March 21, 2024.