Nestled on a serene 12.21 hectares, this 635 sqm North-facing residence at 64 Houghton Road, Ngahinapouri, Waipa, boasts 5 bedrooms, 3 carparks, and is enveloped by brick walls and tiled roofing. As a freehold property, built in 2009, it offers a lifestyle enhanced by uninterrupted rural and river views. The property has seen an average increase in its Capital Value (CV), rising from $3,390,000 in July 2017 to $3,450,000 as of October 2020, indicating a growth rate of 1.77%. The separate two-bedroom dwelling and various outbuildings, including space for 15 cars, provide potential for hobbies or a home business, complemented by a positive income flow from the land and rental opportunities.
With significant entertainment venues, including a heli-landing space and an in-ground heated swimming pool, this property stands out. The latest sale was recorded on March 8, 2021, at $2,825,000, slightly below the HouGarden AVM of $3,160,000. Recent improvements include fencing, gates, and quad bike tracks. The property is served by Hamilton's Fraser High School (Decile 4), Whatawhata School (Decile 8), and Koromatua School (Decile 6), all within easy reach, with Hamilton CBD and The Base just a 15-minute drive away.
Residents enjoy a crime-free community with excellent neighbors, making this an ideal choice for those seeking a luxurious lifestyle in Ngahinapouri.
Updated on June 13, 2024