51 Amopo Street, Kawhia, Otorohanga, Waikato

Price Reduced for Immediate Sale!!

Always wanted a holiday home but couldn't afford the price tag? This leasehold two-bedroom beauty with extra accommodation in the garage for overstayers could mean the search is over. Best described as a classic Kiwi batch situated on a generously proportioned 987m2 section with glimpses of the harbour, ample parking and an easy walk to the beach or boat ramp. This property sits on an elevated section overlooking a good portion of the village with a cleverly built deck positioned to take in that magical west coast sunset. Priced to sell, make this a must view this weekend.

Further information regarding Māori Leasehold property:

This is leasehold property under a perpetually renewing lease that is administered by Te Tumu Paeroa. The current lease term expires on 31 December 2025 at which time is will renew for another is 21 years with 7 yearly rent reviews.

The current rental is $5,750.04 annually ($479.17 per month). The next rent review is due in 2029.

Local Council rates are currently $3298.50 p/a and Waikato Regional rates are $357.91 p/a.

The capital value of this property is $443,000 which the land value being $299,000. Value of improvements is $144,000.

Property Documents Link: https://vltre.co/0Orn25