85 Axtens Road, Mangatawhiri, Waikato

Nestled in a secure rural cul-de-sac, 85 Axtens Road, Mangatawhiri, Waikato, is a charming cottage that offers more than meets the eye. This entry-level lifestyle home, categorized as 'Lifestyle - Improved', features two bedrooms, one bathroom, and no car parks, with a floor area of 87 sqm and a generous land area of 7,213 sqm. The property, built in 1992, boasts fibrous cement walls and an iron roof, both in average condition, and sits on a level contour. It is a blank canvas awaiting your personal touch, offering a unique opportunity to breathe new life into the existing dwelling or embark on a journey to craft a brand-new 'forever home' from the ground up.

Over the years, the property has seen a significant increase in its capital value, from $730,000 in 2017 to $980,000 in 2021, marking a 34.25% growth. The HouGarden AVM estimates its value at $960,000. The property's last sale was in 2015 for $440,000, following a sale in 2012 for $640,000. This consistent growth underscores the property's potential in a market where properties have consistently fetched prices beyond the million-dollar mark.

Located within the Pukekohe High School zone, which is a secondary school with a decile rating of 6, this property offers educational opportunities in a sought-after location. The rural setting provides a serene environment for families, with the convenience of being just a 10-minute drive from the Bombay Motorway offramp.

Updated on March 21, 2024.