407 Waitomo Caves Road, Waitomo, Waitomo

Nestled on a serene cul-de-sac at 407 Waitomo Caves Road, Waitomo, this charming lifestyle property is a perfect blend of yesteryear's elegance and modern convenience. Constructed in 1940 with wood walls and an iron roof, both in good condition, this freehold property sits on a levelled contour with a floor area of 152sqm and a vast land area of approximately 3100sqm. It boasts 3 bedrooms, 4 carparks, and the country-styled kitchen merges with an open plan dining area, offering picturesque views and a deck for sunbathing amidst beautiful gardens. The property's Capital Value (CV) has seen a remarkable increase from $340,000 in September 2018 to $700,000 in September 2021, indicating a 105.88% growth. The HouGarden AVM estimates the property's value at $650,000, while the latest sales were recorded at $688,000 in March 2021 and $535,000 in November 2019.

With a CV increase that outpaces the market average, this property is not just a home but also a sound investment. The double garages provide ample storage and potential workspaces, with an attached room suitable for a home office, catering to modern work-from-home needs. The generous section allows for future expansion and is ideal for family pets to roam.

For families with school-aged children, the property falls within a highly regarded school zone. Ratings and the quality of schools in the area are among the best, ensuring a quality education for your children.

Updated on May 30, 2024