17 Te Kumi Road, Te Kuiti, Waitomo

Nestled at 17 Te Kumi Road, Te Kuiti, Waitomo, this charming residential dwelling, built in 1935, sits on a level contour. It boasts 3 bedrooms, a single carpark, and a spacious floor area of 126 square meters on a generous land of 885 square meters. The exterior walls, constructed of wood, and the iron roof are both in fair condition. This freehold property offers a solid foundation for potential growth.

Since September 2018, the capital value has seen an impressive increase of 87.5%, rising from $160,000 to the current $300,000 as of September 2021. The HouGarden AVM estimates the property's worth at $290,000, while the latest sale on August 12, 2024, fetched $305,000, indicating a healthy market interest.

For families with children, the property falls within a desirable school zone. With a focus on education, this area offers access to well-rated schools, ensuring a quality education for the young ones.

Updated on October 25, 2024