Nestled in the serene Kuratau, this residential dwelling at 19 Ngati Parekaawa Drive boasts a freehold title on a 663sqm section. The 2002-built home features 4 bedrooms, 3 carparks, and a floor area of 200sqm. With a mix of materials for the walls and iron roofing, both in good condition, this property offers an easy/moderate rise contour. The site presents a great opportunity to leverage the 7.5-meter height restriction for optimal lake views and is just a short stroll from the tennis court, sharing a driveway with quality homes that enhance its value.
Since 2019, the capital value has seen a significant increase of 21.99%, from $705,000 to the current $860,000 as per the latest government valuation. HouGarden AVM estimates the property at $837,500, while the latest sale on June 12, 2024, was at $920,000, indicating a promising investment opportunity.
For families, the property falls within the Kuratau School zone, a full primary with a decile rating of 2. Whether as a holiday destination or a permanent residence, this property offers the tranquility of the lake and marina, making it an ideal choice for those seeking a slice of Motuoapa's serene lifestyle.
Updated on August 07, 2024