Nestled in the tranquil Ballance Street of Kihikihi, Waipa, this 3-bedroom, 1-carpark dwelling is a gem on a freehold title. Constructed in 1990 with wood walls and an iron roof, the property boasts an average condition both inside and out. The 149sqm floor area is complemented by a vast 686sqm land, sitting on a level contour that provides an expansive feel. The freshly painted, two-storey home features open-plan living spaces, leading to a large covered deck and a smaller open one, offering versatile options for dining and lounging. The modern kitchen enjoys views of Kakepuku and Pirongia mountains, while the upstairs main bedroom includes space for an office or seating area, adding great flexibility to this unique home. With a CV of $650,000 as of August 2022, it has seen a remarkable increase of 56.63% from its $415,000 valuation in August 2019. HouGarden AVM estimates the property at $622,500. In terms of education, Te Awamutu College and Te Awamutu Intermediate, both with a decile rating of 5, fall within the school zone.
Since its last sale, this property has only grown in value, reflecting a strong capital value growth percentage. The quiet cul-de-sac location and the well-maintained condition of the property make it an attractive investment for any buyer looking to enter a thriving market.
For families with children, the school network is a significant plus. The property is within the catchment area of highly regarded schools, Te Awamutu College and Te Awamutu Intermediate, ensuring quality education for your family.
Updated on April 11, 2024