Nestled in the tranquility of 45 Hill Street, Te Kuiti, Waitomo, this freehold property is a gem in the residential market. Constructed in 1930 with wood exterior walls and an iron roof in good condition, the house spans across 140 square meters of floor area and is set on a generous 875 square meter section with an easy/moderate fall contour. It boasts four bedrooms, two bathrooms, and three car parks. The master bedroom enjoys the luxury of an ensuite, while the family bathroom is equipped with a spa bath and a convenient laundry combination. The open-plan kitchen/dining area flows into the lounge, warmed by a cozy wood-burner for the winter months. The property has a charming native floor that only requires a final varnish touch to enhance its durability.
From a financial perspective, the property's Capital Value (CV) has seen a remarkable increase of 52.73% from $275,000 in September 2018 to $420,000 in September 2021. The HouGarden AVM estimates the property's value at $402,500, and the latest sales history shows a sale in April 2024 for $450,000, following a previous sale in October 2017 for $259,000.
For families with children, the property falls within a desirable school zone. With top-notch educational facilities and a high decile rating, the local schools are an added bonus to this already attractive property. This villa-style four-bedroom home is not just a residence but a sound investment for the future.
Updated on April 24, 2024