15 Ngatai Street, Te Kuiti, Waitomo

This newly constructed property at 15 Ngatai Street, Te Kuiti, Waitomo, is a stunning freehold residence. It boasts four bedrooms, with the potential for an office space, and includes two carparks, a floor area of 165sqm, and a land area of 515sqm. The exterior walls are a mix of durable materials, complemented by an iron roof in good condition. The modern home is equipped with a heat pump for climate control, Bosch appliances in the kitchen, and a combination of wool carpet and Forte engineered wood flooring. The latest government capital value assessment is $540,000, reflecting a significant increase since the property's sale in 1983 for $26,000. HouGarden's AVM estimates the property's value at $525,000.

With a history of steady capital value growth, this property presents a sound investment opportunity. The recent construction age of 2023 ensures low maintenance and the latest in home design.

For families, the property falls within a desirable school zone. It's close to highly rated educational institutions, ensuring accessibility to quality schooling.

Updated on July 23, 2024