346 Otaua Road, Otaua, Waikato

Nestled on a serene 1.2 hectares in the heart of Otaua, this lovingly maintained classic home presents an idyllic lifestyle opportunity. The freehold property, built in 1920 with fibrous cement walls and iron roofing in good condition, features 3 bedrooms, 1 bathroom, and a single carpark. The interior boasts modern finishes, high-pitched ceilings, and ornate details that blend with contemporary tones to create a spacious and calming atmosphere. With a floor area of 94 square meters, the home is insulted to the brim with aluminium windows and a new heat pump, ensuring year-round comfort. The government's capital value (CV) stands at $845,000 as of the latest assessment, showing no increase from the previous year. However, the HouGarden AVM estimates the property at $627,500, and the latest sale in 2018 was for $650,000. This indicates potential for growth in this quiet cul-de-sac. The Waiuku College in the zone is a secondary school with a decile rating of 6, ensuring quality education for the family.

History shows a stable CV with a 0.0% increase over the observed period, yet the property's potential is undeniable. The expansive land, currently used for grazing, is a blank canvas waiting for the new owner's touch. Whether it's landscaping, adding fruit trees, or continuing livestock grazing, the possibilities are endless. The property's north/east-facing deck overlooks picturesque rural pastures, inviting relaxation and entertainment.

For families with children, the school network is a significant plus. The Waiuku College's strong rating and the property's location within its zone make this an ideal choice for those seeking a quality education for their children. This renovated lifestyle home on 1.2Ha of land is not just a house; it's a foundation for a dream lifestyle.

Updated on July 01, 2024