Nestled on a spacious 1056 square meters of land in the serene Raglan, Waikato, 15 Arapatiki Street boasts a prime freehold property. The details of the construction, including the walls and roof, remain a mystery, adding an allure of potential transformation. This residential vacant land has an easy to moderate fall contour, perfect for building your dream home.
With a stable capital value of $900,000 as of the latest government valuation in 2023, and no increase over the previous year, the property presents a solid investment. The HouGarden AVM estimates the property's worth at $877,500. Notably, the latest sale history shows a significant jump from $1,000,000 in 2021 to $1,500,000 in 2024, indicating a promising growth trend.
For families with school-aged children, the property falls within the catchment area of Raglan Area School, a composite school with a decile rating of 4, ensuring quality education for years to come.
Updated on August 28, 2024