48 Whawharua Road, Otorohanga, Otorohanga

Located at 48 Whawharua Road, Otorohanga, this lifestyle vacant property presents a unique opportunity for those seeking a serene and spacious landholding. With a generous land area of 50,961 square meters, the property offers ample space for various outdoor activities and potential development. The property is characterized by its level contour, making it easily accessible and suitable for a range of uses. Despite the lack of detailed information on bedrooms, bathrooms, and floor area, the property's freehold ownership type ensures that the new owner will have complete control over the land. The construction details of the property, including the roof and walls, are currently unknown, which provides a blank canvas for the new owner to customize according to their preferences.

Over the years, the property has seen a significant increase in its capital value, growing from $486,000 in August 2019 to $654,000 by October 2021, marking a 34.56% increase. This growth is a testament to the property's increasing value and potential for future appreciation. The HouGarden AVM estimates the property's value at $637,500, closely aligning with its latest sale price of $630,000 on January 9, 2024. This consistency in valuation and sale price indicates a stable market perception of the property's worth.

While specific school zoning information is not provided, the property's location in Otorohanga suggests proximity to local educational facilities. Potential buyers with families will find this aspect beneficial for accessing quality education. The absence of detailed school zone data, however, necessitates further research for interested parties to identify the most suitable educational institutions in the area.