Nestled at 10 Kawana Street, Piopio, Waitomo, this freehold property boasts a capital value that has doubled in just three years, indicating an impressive 100% increase. Constructed in 1960 with wood walls and an iron roof, the dwelling maintains an average wall condition and a good roof condition. It features 4 bedrooms, 1 bathroom, a floor area of 100sqm, and is spread across 809sqm of level land. The property offers 2 carparks and an open plan kitchen-dining area that opens up to a spacious rear deck, perfect for family gatherings. The front deck provides additional space for entertaining guests. Each room is adorned with new curtains, and the side of the garage is fenced, ideal for pets or a children's pool. The large backyard has ample space for a chicken coop or garden beds. With a HouGarden AVM of $290,000 and a latest sale price of $400,000 in 2024, this property is not just a home but a wise investment. It's conveniently located within walking distance to town and the coast.
From a capital value of $155,000 in 2018, the property's CV has skyrocketed to $310,000 as of 2021. This rapid appreciation is a testament to the property's appeal and potential. The latest sales in 2019 and 2024 reflect a significant increase in value, making it an attractive opportunity for buyers.
For families with children, the property falls within a desirable school zone. With top-notch educational institutions and a favorable decile rating, this home ensures a quality education for your kids.
Updated on May 08, 2024