Nestled at 4 Ormsby Crescent, a quiet cul-de-sac in Otorohanga, this charming residential dwelling is set on a level contour with a generous land area of 1270 square meters. Constructed in 1940, the property boasts a sturdy wood exterior and a well-maintained tile roof. It offers 3 bedrooms, a spacious floor area of 120 square meters, and a carpark. This freehold property is a perfect blend of classic charm and modern comfort.
With a significant increase in its Capital Value (CV) from $385,000 in August 2019 to $560,000 as of October 2022, this property has shown a growth rate of 45.45%. The HouGarden AVM estimates the property's worth at $537,500, while the latest sale on August 20, 2024, was at $555,000, indicating a continuously appreciating value in the market.
For families with children, the property falls within a highly regarded school zone. With excellent educational facilities and a decile rating that reflects the quality of the local schools, this home is an ideal choice for those seeking a nurturing environment for their children's education.
Updated on October 25, 2024