Nestled in the serene 5 Wakanoi Place of Hauraki Surrounds, Bay Of Plenty, this residential dwelling on a freehold title is a perfect blend of comfort and potential. Constructed in 1987 with wood exterior walls and an iron roof, the property stands with an average condition, both inside and out. It boasts 4 bedrooms, 2 bathrooms, and a generous floor area of 187 square meters on a land size of 649 square meters. The property, with an easy/moderate rise contour, enjoys a capital value increase of 64.50% from $845,000 in 2019 to $1,390,000 as of 2022. The HouGarden AVM estimates the property's value at $1,397,500, while the latest sales were recorded at $1,300,000 in 2024 and $550,000 in 2016.
For families, the property offers open plan living spaces and large decks that cater to varying weather conditions. It is complemented by a well-fenced, flat backyard, ideal for children's playtime or additional outdoor activities. The residence is located in a quiet cul-de-sac, adjacent to a beachfront reserve, with a walkway at the end of the road and a tennis court nearby. It falls within the Waihi Beach School zone, a contributing school with a decile rating of 7.
Whether you seek a beach house, a permanent residence with ample space, or a sound investment, this property is a versatile option that merits a place on your list.
Updated on September 04, 2024