22 Carey Street, Kihikihi, Waipa

Nestled in the heart of Kihikihi at 22 Carey Street, this residential dwelling on a freehold title is a gem that shines with potential. The 3-bedroom, 1-bathroom home with 2 car parks is spread across a comfortable 160m2 floor area, sitting pretty on a 573m2 section with an easy/moderate fall contour. The fibrous cement walls and iron roof, both in average condition, form a sturdy shell for this 2023-built home. The capital value has seen a remarkable increase of 31.18% from $465,000 in 2019 to the current $610,000, while the HouGarden AVM estimates it at $592,500. The latest sales history is a testament to its worth, with a sale in 2024 for $625,000, and another in 2020 for $495,000.

Not only is the property a sound investment, but it's also in a family-friendly zone. Te Awamutu College and Te Awamutu Intermediate, both with a decile rating of 5, are in the vicinity. The home itself has been thoughtfully designed for modern living, with an open-plan layout that's perfect for entertaining, while still maintaining a cozy atmosphere. The well-sized bedrooms are bathed in natural light, and the addition of an HRV system ensures the home remains dry and ventilated. The family-oriented bathroom setup eases the chaos of school mornings, and the separate laundry room adds practical convenience.

With the neighboring section also up for sale, the opportunity to expand and invest is ripe. Whether for your own family, extended family, or as a potential investment, this property is ready to make your dreams a reality.

Updated on August 28, 2024