Nestled at 14 Hospital Road, Te Kuiti, this charming three-bedroom, one-bathroom residence boasts a freehold title on a sprawling 1012sqm of level land. Constructed in 1925 with roughcast walls and an iron roof, this property has an average wall condition and a fair roof condition. It features a floor area of approximately 98sqm, with a heat pump for comfort, two car parks, and a deck perfect for outdoor entertainment. The property's capital value has seen a rapid increase of 70% from $200,000 in 2018 to $340,000 in 2021, with a HouGarden AVM estimate of $325,000. Historically, it sold for $95,000 in 2005 and $169,000 in 2018, indicating a promising investment opportunity.
With a government-estimated value on the rise and a recent sale history that demonstrates growth, this property is not just a home but a sound financial investment. The convenient location, close to shops, schools, and medical facilities, enhances its appeal, making it an ideal choice for families or investors.
For families with children, the property falls within a desirable school zone. With top-notch educational institutions and a high decile rating, this home offers a solid foundation for academic pursuits.
Updated on April 24, 2024