31 Te Kumi Road, Te Kuiti, Waitomo

Nestled at 31 Te Kumi Road, Te Kuiti, Waitomo, this residential dwelling is a charming representation of the 1950s architecture, featuring mixed materials for both the roof and walls. It stands on a levelled contour with a fair condition exterior, offering a peaceful lifestyle on a freehold land of 809 square meters. The interior boasts 2 bedrooms with an office and a separate toilet, complemented by a single carpark, a rear garage, a wood shed, and a versatile space ideal for a hobby room or a private sanctuary. The property has undergone recent improvements, including new carpeting throughout and a well-maintained lawn, all fenced for privacy and security.

As per the valuation records, the capital value has seen a significant increase from $300,000 in September 2018 to $440,000 in September 2021, indicating a growth rate of 46.67%. The HouGarden AVM estimates the property's worth at $412,500, while the latest sale history shows transactions at $340,000 in May 2024 and $140,000 in April 2019, reflecting a steady rise in market value.

For families with children, the property falls within a desirable school zone. With a focus on education, this location offers access to schools with a favorable decile rating, ensuring a quality education for the young ones.

Updated on June 19, 2024