29 Princes Street, Waihi, Hauraki

Nestled at 29 Princes Street, Waihi, Hauraki, this charming 1950's residence on a freehold title has been meticulously cared for by its long-term owners. The 97sqm floor area encompasses two comfortable bedrooms, a single bathroom, and an open-plan kitchen/dining/lounge area that could easily be adapted into a third bedroom. The property boasts a well-preserved wooden exterior, an iron roof in good condition, and is complemented by a heat pump and an open fireplace for seasonal comfort. It sits on a level 814sqm section with an attached carport and a separate garage/workshop. The property's government valuation (CV) has remained stable at $600,000 since July 2021, with a HouGarden AVM of $572,500, indicating a potential growth opportunity. This home's CV increase speed is currently at 0.0%, yet its appeal for first-home buyers or investors seeking rental potential remains undeniable.

Recent property appraisals reflect a consistent value, while the sale history suggests a promising investment in a quiet cul-de-sac. The property's capital value has seen no change, which could be a strategic advantage for the discerning buyer.

For families with children, the property falls within a desirable school zone. The local schools are well-rated, ensuring access to quality education. This combination of a prime location, versatile living space, and potential for growth makes 29 Princes Street an attractive prospect for those seeking a slice of history with modern convenience.

Updated on October 23, 2024