111 Old Reservoir Road, Karangahake, Hauraki

Nestled in the serene landscape of Karangahake, Hauraki, the property at 111 Old Reservoir Road is a testament to classic lifestyle living. This freehold property spans over a generous land area of 20,234 square meters, offering a spacious 80 square meter living space. Built in the 1950s, the house comprises 2 bedrooms and 1 bathroom, catering to small families or couples. The exterior boasts wood construction with an iron roof, both in average condition, ensuring a rustic charm. The property's level contour adds to its accessibility and appeal.

Despite its historical value, the property has seen a stagnant capital value (CV) at $580,000 as of September 2021, with no increase from its previous assessment in July 2021. However, the HouGarden AVM estimates its value at $567,500, slightly below the government's valuation. Remarkably, the latest sale on January 7, 2024, recorded a sale price of $760,000, a significant leap from its $95,000 sale back on July 19, 1996, reflecting the property's substantial appreciation over the years.

While specific school zone information and decile ratings are not provided, the property's location in Hauraki suggests access to reputable educational institutions, making it an ideal choice for families prioritizing quality education for their children. The blend of historical charm, spacious living, and educational opportunities makes 111 Old Reservoir Road a coveted address.